US Sentences Money Launderer Linked to QQAAZZ

A United States court docket has sentenced a Russian countrywide who admitted getting associated in a conspiracy to launder income stolen from American victims of laptop or computer fraud.

Maksim Boiko, also acknowledged as Maxim Boyko, and on the web as “gangass,” was just one of 20 persons indicted by the US in relationship with the transnational legal organization QQAAZZ.

With customers scattered throughout Belgium, Bulgaria, Georgia, Latvia, Russia, and in other places, QQAAZZ opened and preserved hundreds of corporate and private bank accounts in multiple nations around the world that had been applied to receive revenue stolen from victims’ lender accounts by cyber-criminals.

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The stolen money had been then transferred to other bank accounts controlled by QQAAZZ. Sometimes ‘tumbling’ companies ended up employed to transform the cash into crypto-currency to obscure its origins. 

Since 2016, QQAAZZ has laundered, or tried to launder, tens of hundreds of thousands of dollars’ well worth of stolen resources. Victims of the gang incorporated an architecture firm in Miami, Florida, a Jewish Orthodox Synagogue in Brooklyn, New York, a technology organization in Windsor, Connecticut, and a healthcare gadget manufacturer in York, Pennsylvania.

Boiko, who is 31, was charged by criminal criticism and arrested in late March 2020 although checking out the United States. 

When he arrived in the country via Miami on January 19, 2020, Boiko was in possession of $20,000, which he explained to US Customs and Border Security brokers had occur from investments in Bitcoin and rental attributes in Russia. 

On December 17, 2020, Boiko pleaded guilty to a single count of conspiracy to commit dollars laundering. His protection legal professional, Alek El-Kamhawy, said Boiko experienced only held a minimal position in the QQAAZZ dollars laundering conspiracy and requested for his shopper to acquire a sentence of time served.

On Monday, US District Judge Marilyn J. Horan sentenced Boiko to time served moreover an extra two decades of supervised release. Boiko’s situation was prosecuted in Pittsburgh, Pennsylvania.

Boiko’s sentence arrives just after Arturs Zaharevics and Aleksejs Trofimovics – two other individuals indicted about the QQAAZZ revenue laundering conspiracy – pleaded guilty in August to being concerned in the plan. Each defendants set up lender accounts under shell firms to support cyber-criminals handle stolen cash.