Tal Prihar, an Israeli citizen who pleaded guilty in March 2021 to conspiracy to commit money laundering in violation of 18 USC § 1956, has been sentenced to 97 months’ imprisonment. From 2013 until 2019, Prihar operated a website, DeepDotWeb, where users could access links to illegal marketplaces enabling the purchase of firearms, hacking tools, malware, drugs and stolen financial information. Prihar admitted to receiving kickbacks worth $8.4 million in exchange for access to the website, and to using shell companies to launder the virtual currency he received for this service. Prihar also agreed to forfeit $8,414,173 in connection with the guilty plea. His alleged co-conspirator, Michael Phan, was indicted along with Prihar, and arrested in Israel on May 6, 2019.
January 25, 2022
Darknet money launderer receives 97-month sentence
Related by Topic
New Post
On and Off Again: Fifth Circuit Reinstates Nationwide CTA Injunction
December 27, 2024
Insight
New Post
CTA Reporting Deadlines Back In Effect Following Last Minute Stay of Nationwide Injunction; FinCEN Grants Brief Deadline Extensions
December 23, 2024
Insight
New Post
SEC adopts amendments requiring electronic filing of certain forms, filings and submissions
December 18, 2024
News Alert