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In Florida, a member of a criminal organization was arrested for laundering proceeds through cryptocurrencies
In Florida, a suspect in money laundering through crypto assets and bank checks has been arrested to hide the origin of funds related to the drug business.
According to court documents, Pedro Antonio Aquino-Eufracia is accused of conspiracy related to drug trafficking, as well as money laundering using bank checks and cryptocurrencies.
In a complaint to the District Court for the Southern District of Florida, a special agent for the United States Drug Enforcement Administration (DEA), Drew Gizzi, claimed that Aquino-Euphrasia is part of the “large international money laundering organization” based in New York. Jersey, Florida, Dominican Republic and other unnamed jurisdictions.
Aquino-Euphrasia received an order from a “senior member” of the organization to deposit an unnamed amount in cryptocurrency for specific wallets, while the organization hoped to hide the details of the proceeds. The complaint does not indicate the dollar value of the cryptocurrency that was used to launder the funds or which crypto assets were used in addition to bitcoin.
According to Gizzy, in July 2018, law enforcement officers seized nearly $ 200,000 from accomplices. He claims that “millions of dollars in cash from the sale of drugs” were laundered by the defendant. An arrest warrant for Aquino-Euphrasia was signed by a federal judge in New Jersey on February 14th. In addition to the DEA, the criminal investigation department of the United States Internal Revenue Service (IRS) participated in the investigation.
Criminals who launder illegally obtained proceeds are less and less able to evade responsibility. The other day in the Netherlands, two citizens were arrested for laundering money through cryptocurrencies, and in the middle of the month, a US citizen was charged with laundering $ 311 million in BTC for the AlphaBay darknet market.
In Florida, a suspect in money laundering through crypto assets and bank checks has been arrested to hide the origin of funds related to the drug business.
According to court documents, Pedro Antonio Aquino-Eufracia is accused of conspiracy related to drug trafficking, as well as money laundering using bank checks and cryptocurrencies.
In a complaint to the District Court for the Southern District of Florida, a special agent for the United States Drug Enforcement Administration (DEA), Drew Gizzi, claimed that Aquino-Euphrasia is part of the “large international money laundering organization” based in New York. Jersey, Florida, Dominican Republic and other unnamed jurisdictions.
Quote:
“An investigation, including a study of legally obtained mobile communications and other electronic evidence, showed that at least twice in April and May 2018, Aquino-Euphrasia agreed to receive large amounts of cash proceeds from drugs from her partner, and then converted cash into virtual currency, ”he said.
“An investigation, including a study of legally obtained mobile communications and other electronic evidence, showed that at least twice in April and May 2018, Aquino-Euphrasia agreed to receive large amounts of cash proceeds from drugs from her partner, and then converted cash into virtual currency, ”he said.
Aquino-Euphrasia received an order from a “senior member” of the organization to deposit an unnamed amount in cryptocurrency for specific wallets, while the organization hoped to hide the details of the proceeds. The complaint does not indicate the dollar value of the cryptocurrency that was used to launder the funds or which crypto assets were used in addition to bitcoin.
According to Gizzy, in July 2018, law enforcement officers seized nearly $ 200,000 from accomplices. He claims that “millions of dollars in cash from the sale of drugs” were laundered by the defendant. An arrest warrant for Aquino-Euphrasia was signed by a federal judge in New Jersey on February 14th. In addition to the DEA, the criminal investigation department of the United States Internal Revenue Service (IRS) participated in the investigation.
Criminals who launder illegally obtained proceeds are less and less able to evade responsibility. The other day in the Netherlands, two citizens were arrested for laundering money through cryptocurrencies, and in the middle of the month, a US citizen was charged with laundering $ 311 million in BTC for the AlphaBay darknet market.