In brief
- The eighth member of an alleged cybercrime ring pleaded guilty.
- Kunal Mehta was involved in money laundering, with a focus on exotic cars.
- He was the oldest co-defendant charged in the case.
U.S. prosecutors notched their latest victory against members of an alleged cybercrime ring on Tuesday, highlighting a guilty plea from an individual operating under the guise of Shrek.
Kunal Mehta, a 45-year-old based in California, admitted to a conspiracy charge under the Racketeer Influenced and Corrupt Organizations (RICO) Act, as well as helping launder at least $25 million in crypto, the Justice Department said in a press release.
The individual used several pseudonyms, according to authorities, which weren’t limited to the classic…
