Tushal Rathod is charged with multiple offenses, including conspiracy to commit wire fraud and money laundering. The alleged crimes are linked to a network of seven bank accounts from which he funneled significant funds to purchase Bitcoin.
The FBI’s investigation, prompted by Rathod’s former partner, revealed his use of two companies to facilitate fraudulent schemes, receiving millions through business email compromise fraud. Reports indicate Rathod funneled over 1,200,000 USD into Bitcoin transactions.
If convicted, Rathod may face up to 20 years in prison. The investigation revealed his involvement with family and associates in the fraud, highlighting a broader network used to conceal illicit activities.
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