AI Summary

A 42‑year‑old Ukrainian‑Russian dual citizen, Oleg Korniev, pleaded guilty to leading the Your Mule Cashout (YMCO) operation, which has been active since September 2007. The scheme employed over 15,000 money mules primarily in the United States to launder millions of dollars for cybercriminals worldwide. Prosecutors highlighted the scale of the network, noting its long‑running nature and the extensive use of U.S. participants. Korniev’s admission marks a significant step in dismantling the international money‑laundering infrastructure supporting cybercrime.

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