Founder of Chicago-based cryptocurrency company accused of $10M money laundering conspiracy
CHICAGO — The founder of a Chicago-based cryptocurrency company, and the company itself, have been charged in connection with an alleged $10 million money laundering conspiracy. Firas Isa, a 36-year-old Frankfort resident, and his company, Virtual Assets LLC, have each been charged with one count of money laundering conspiracy, Andrew Boutros, United States Attorney for […]
A Chinese national named Jingliang Su has been sentenced to 46 months in prison for his involvement in a major cryptocurrency fraud scheme targeting American investors. On January 27, 2026, federal courts ordered Su to serve his sentence and pay $26.9 million in restitution to victims. The case represents a…
BATON ROUGE, La. (Louisiana First) -- The district attorney was left "stunned" by the Friday sentencing of twin Louisiana brothers convicted of money laundering. Robert McCormick and Thomas McCormick, both 55, were found guilty of multiple charges in December 2024, including money laundering, conspiracy to commit money laundering, conspiracy to…
BATON ROUGE, La. (Louisiana First) — 18th Judicial District Attorney Tony Clayton has appealed the sentence for the McCormick brothers in the First Circuit Court of Appeal, who faced money laundering charges. In Dec. 2024, Robert and Thomas McCormick, both 51, were found guilty of multiple charges, including: Conspiracy to…