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Former FBI agent pleads guilty to taking $2.47 million in crypto

Patrick Steven Yaroch has pleaded guilty to wire fraud and money laundering. He kept roughly $2.47 million, far more than the $1 million or so he first disclosed to the FBI.

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Photo: ajay_suresh, CC BY 2.0, via Wikimedia Commons

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Yaroch is 37 and lives in Ashburn, Virginia. The former FBI agent entered his plea on Thursday to charges of wire fraud and money laundering. He drew on wallet access details from 35 FBI cases to take about $2.47 million in cryptocurrency.

Crypto

He conceded to roughly 100 transfers from wallets linked to those cases. An August affidavit says that in July he told FBI headquarters about 10 transfers, which went into one wallet holding around $1 million.

In numbers

  • $2.47 millionCrypto taken
  • 35FBI investigations involved

Crypto

The plea puts the theft at more than twice the figure he first gave the bureau.

Who is who

  • Patrick Steven YarochFormer FBI agent, 37
Where
United States
Published
Section
Crypto

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake
Photo: ajay_suresh, CC BY 2.0, via Wikimedia Commons

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