FBI agent drains crypto wallets tied to 35 investigations, steals $2.47 million and plans Portugal escape
Summary
Former FBI agent Patrick Steven Yaroch pleaded guilty to wire fraud and money laundering after stealing about $2.47 million in cryptocurrency. Prosecutors said he used wallet credentials gathered from 35 FBI investigations to make roughly 100 unauthorized transfers, compromising criminal and national-security investigations. He converted and moved funds to conceal their origins and used some to pay personal debts. The FBI fired him and recovered about $925,000 in crypto; a further $165,582 was held in dollars at Kraken. Yaroch faces up to 20 years in prison and is scheduled for sentencing in March 2027.
