A Maryland Heights man, Richard Charles Appelbaum III, has been sentenced to a few years in jail and ordered to repay $2.3 million for his function in laundering hundreds of thousands via cryptocurrency. Appelbaum, 40, conspired with others to funnel proceeds from Enterprise Electronic mail Compromise (BEC) and romance fraud schemes into cryptocurrency by way of Coins2trade. Recruited by “E.S.,” allegedly […]
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FBI Cracks $8.3M Crypto Fraud: Launderer Sentenced to Prison and $2.3M Repayment
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