73-year-old man charged at 2.4 mil in the amount of 6.4 million laundering money laundering

Montana Man was found guilty of conspiracy to wash over $ 2.4 million in cryptocurrency, announced Thursday Thursday.

Randall V. Rule, 73, previously Kalispell, Montana, has been convicted In all points after a three-day trial before the American District Judge Jeremi D. Kernodle 26. February.

Was charged next to Gregory C. Nisevander, earlier Irmo, South Carolina, in the Federal Indictment of 2022. Years.

Romance, Real Estate and Email Fraud

Prosecutors said Rule and Nisevander helped convert funds from fraud – including Romance fraudBusiness e-mail compromises and fraud and real estate – in cryptocurrency, which was then transferred to accounts that control foreign and domestic sugar conspirations.

Romantic frauds include victims with sacrifices under pretext Potential love interest. These fraudsters pretend to form personal connections to gain victims trust, and then financially exploit them.

Fraud Also use fake web pages to deceive victims in providing personal data or sending funds. Many of these Locations Mimic Legitimate Company have fewer differences in their URLs.

In order to avoid discovering, the rule and Nisevar allegedly, it is allegedly misrepresenting the details on the transaction and the registered financial institutions and the cruptocurrency stock exchange.

“We will aggressively follow cases against fraud and against those who facilitate their crimes by laundering criminal proceedings,” said the acting American ABE McGlothin, Jr.

The American Secret Service, which investigated the case, attributed to that Prosecution for the protection of the country’s financial system.

The rule is facing up to 20 years in prison for each money laundering charge and up to five years for conspiracy to violate the banking moment. The date of its penalty will be set after the investigation.