Kais Mohammads, known as Superman29, will be charged with government unlicensed money laundering fees
According to the report, business delays and failures of effective financial plans.
From December 2014 to November 2019, Mr. Mohamad personally received money from customers and used ATMs.
Money. It is estimated that this period reached $ 15 million to $ 25 million.
When Mohammad started operating his ATM, he did not register his company in connection with money laundering.
According to the report, there is a strong network. You do not report, advertise or maintain a significant business
Financial trigger system. When Mohammads turned to FinCEN in July 2018, he registered for his company, but FinCen did not comply.
Introduction. After his arrest, he admitted that he knew that one of his black internet customers had been involved in the crime.
Mohamed operates an ATM under an ATM called Herocoin. Cars near gas stations, shops and department stores
Stores in Los Angeles, Orange, Riverside and San Bernardino offer customers instant room and bitcoin sales
As part of the investigation, the secret agent at Herocoin ATM performed a number of unregistered transactions.
soy. The deputies also had some ties to Muhammad and the people.
In August 2019, one of the undercover agents found Muhammad and gave him $ 16,000 in cash and said the money had been secured.
illegal activities. The agent received 1.58592 for Bitcoin, but Muhammad did not report the transaction to FinCen.
Muhammad was sentenced to 30 years in federal prison and agreed to lose money under a defense agreement.
cryptocurrency and 17 Bitcoin ATMs that support it.