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Bitcoin Money Launderer Ordered to Pay $3.5 Million to 29 Victims, US

Bitcoin money launderer Ian Freeman has been ordered to pay over $3.5 million to 29 victims in a money laundering case. The 43-year-old resident of Keene facilitated $10 million in proceeds from romance scams and internet frauds. Freeman, who was also sentenced to 96 months in prison, created a haven for fraudsters by exchanging U.S. dollars for bitcoin.

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