Former FBI Agent Pleads Guilty to Stealing $2.5M in Crypto From 35 Investigations
Summary
Former FBI agent Patrick Steven Yaroch pleaded guilty to wire fraud and money laundering after using crypto credentials obtained through bureau investigations to steal about $2.47 million. Prosecutors say he made roughly 100 transfers using information from 35 investigations, laundered the funds through cryptocurrency swaps and further transactions, and spent some on personal debts. His actions compromised investigations and intelligence sources. Authorities recovered about $925,000 from crypto accounts. Yaroch faces up to 20 years in prison and is scheduled for sentencing in March 2027.
