Leader of vast money mule operation that laundered cybercriminal proceeds pleads guilty

Summary by Cyber Security News9 Oct 2026, 18:06 CEST

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Oleg Korniev, a 42-year-old dual citizen of Ukraine and Russia, was a principal of Your Mule Cashout, or “YMCO,” which from 2007 until 2014 set up a sophisticated network of mules in the U.S. and Europe.

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