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Southern District of California | Romanian Citizens Plead Guilty to Laundering $1 4 Million in Proceeds from Jewelry Thefts and Covid Fraud

Southern District of California | Romanian Citizens Plead Guilty to Laundering $1 4 Million in Proceeds from Jewelry Thefts and Covid Fraud
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Owner of Bitcoin Exchange Sentenced to Prison for Money Laundering

A Bulgarian national who was convicted by a federal jury for his role in a transnational and multimillion-dollar scheme to defraud American victims was sentenced today to 121 months in prison. Acting Assistant Attorney General David P. Burns of the Justice Department’s Criminal Division, U.S. Attorney Robert M. Duncan Jr. of the Eastern District of Kentucky, and Resident Agent in Charge John Oldham of the U.S. Secret Service made the announcement. U.S. District Court Judge Robert E. Weir sentenced Rossen G. Iossifov, 53, formerly of Bulgaria, for conspiracy to commit a Racketeer Influenced and Corrupt Organizations Act (RICO) offense and conspiracy to commit money laundering.

US Department Of Justice: Owner Of Bitcoin Exchange Sentenced To Prison For Money Laundering

US Department Of Justice: Owner Of Bitcoin Exchange Sentenced To Prison For Money Laundering Date 12/01/2021 A Bulgarian national who was convicted by a federal jury for his role in a transnational and multimillion-dollar scheme to defraud American victims was sentenced today to 121 months in prison. Acting Assistant Attorney General David P. Burns of the Justice Department’s Criminal Division, U.S. Attorney Robert M. Duncan Jr. of the Eastern District of Kentucky, and Resident Agent in Charge John Oldham of the U.S. Secret Service made the announcement. U.S. District Court Judge Robert E. Weir sentenced Rossen G. Iossifov, 53, formerly of Bulgaria, for conspiracy to commit a Racketeer Influenced and Corrupt Organizations Act (RICO) offense and conspiracy to commit money laundering.

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