Twenty-six-year-old Esteban
Cabrera Da Corte, the leader of a Miami crew, has pleaded guilty to defrauding
US banks and “a leading cryptocurrency exchange ” of over $4 million through fraudulent reversals. US prosecutors on Wednesday said Da Corte deployed false
and stolen identities to perpetrate the scheme.
According to Damian Williams,
the US Attorney for the Southern District of New York, Da Corte and his
co-conspirators in around March 2020 opened various accounts with an unnamed
crypto exchange using fake US passports, drivers’ licenses and stolen
personally identifying information. These accounts were then linked to bank
accounts operated by Da Corte and his crew.
Furthermore, the Department of
Justice (DOJ) in the statement explained that Da Corte and his crew bought cryptocurrencies
