🔴 Man admits to running network of 15,000 money mules for cybercriminals

​A Ukrainian-Russian dual citizen has pleaded guilty to running a massive money laundering operation that laundered millions for cybercriminals worldwide.

42-year-old Oleg Korniev was one of the leaders of Your Mule Cashout (YMCO), a criminal organization that has operated since September 2007 and used more than 15,000 money mules from the United States.

Four other individuals who were involved with YMCO were arrested overseas more than a decade ago, extradited to the Western District of North Carolina, and pleaded guilty to conspiracy to commit money laundering. They received prison sentences ranging from 37 to 63 months and were also ordered to each pay more than $9.1 million in restitution to U.S. victims.