Man Charged With Unlicensed Money Laundering In Bitcoin … – CCN

Man Charged With Unlicensed Money Laundering In Bitcoin … – CCN

A sovereign grand jury has charged one male with handling an unlawful money transmitting business and dual others with income laundering and associated charges in a initial bitcoin-related box before a Western District of New York, according to a U.S. Attorney’s Office and a Western District of New York.

The grand jury has charged Richard Petix of Rochester, N.Y. with handling an unlawful income transmitting business and creation fake statements. The grand jury also charged Zhe Wang, 20, and Kevin Szura, 20, both of Queens, N.Y., with income laundering, swindling to discharge tranquil substances, conducting a transaction in criminally subsequent skill and income laundering conspiracy.

Defendants Face Prison

Petix faces 5 years on any assign while a other dual group face adult to 20 years in prison, according to U.S. Attorney William J. Hochul, Jr.

“This box demonstrates a ever-growing ways in that a practical universe is intersecting with, and being exploited by, genuine life crime and criminals,” pronounced Hochul. “Those concerned in such unlawful activities should know that law enforcement



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