Eastern District of Texas Announces Multi-Year Investigation into Transnational Cryptocurrency Money Laundering Networks
Nov 30, 2022 · Sourced to the U.S. Department of Justice
TYLER, Texas – According to court documents unsealed today, 21 individuals have been charged for their roles in transnational money laundering networks, including those that laundered millions of dollars stolen from United States fraud victims through romance scams, business email compromises, technical support schemes, and other fraud schemes.
Defendants
- Zenobia Walker — age 65 · Temple Hills, Maryland · sentenced
- Tulasidas Konda — age 57 · Amelia Court House, Virginia · pleaded guilty
- Deependra Bhusal — age 46 · Irving, Texas · sentenced
- Lois Boyd — age 76 · Amelia Court House, Virginia · pleaded guilty
- John Khuu — age 27 · San Francisco, California · indicted
- Randall V. Rule — age 71 · Reno, Nevada · indicted
- Gregory C. Nysewander — age 64 · Irmo, South Carolina · indicted
- Sharena Seay — age 37 · Jacksonville, Florida · indicted
- Fnu Ankush — age 35 · Fishers, Indiana · indicted
- Jenisha Katuwal — age 40 · Fishers, Indiana · indicted
- Sukhwinder Sandhu — age 44 · Philadelphia, Pennsylvania · indicted
- Inder Singh — age 37 · Philadelphia, Pennsylvania · indicted
- Mukul Khanna — age 37 · Philadelphia, Pennsylvania · indicted
- Satinder Singh — age 36 · Philadelphia, Pennsylvania · indicted
- Ramneek Singh — age 28 · Levittown, New York · indicted
- Muninder Singh — age 52 · Fairfax, Virginia · indicted
- Sandeep Heir — age 43 · Fresno, California · indicted
- Rachel Mullins — age 36 · Jacksonville, Florida · indicted
Charges
Conspiracy to operate an unlicensed money transmitting business
Zenobia Walker· pleaded guilty
Conspiracy to commit money laundering
Tulasidas Konda· pleaded guilty
Conspiracy to commit money laundering
Deependra Bhusal· pleaded guilty
Violation of the Travel Act
Lois Boyd· pleaded guilty
Money laundering conspiracy
John Khuu· indicted
Unlawful importation of a controlled substance
John Khuu· indicted
Money laundering conspiracy
Randall V. Rule· indicted
Money laundering
Randall V. Rule· indicted
Conspiracy to violate the Bank Secrecy Act
Randall V. Rule· indicted
Money laundering conspiracy
Gregory C. Nysewander· indicted
Money laundering
Gregory C. Nysewander· indicted
Conspiracy to violate the Bank Secrecy Act
Gregory C. Nysewander· indicted
Money laundering
Sharena Seay· indicted
Wire and mail fraud conspiracy
Fnu Ankush· indicted
Wire and mail fraud conspiracy
Jenisha Katuwal· indicted
Wire and mail fraud conspiracy
Sukhwinder Sandhu· indicted
Wire and mail fraud conspiracy
Inder Singh· indicted
Wire and mail fraud conspiracy
Mukul Khanna· indicted
Wire and mail fraud conspiracy
Satinder Singh· indicted
Wire and mail fraud conspiracy
Ramneek Singh· indicted
Wire and mail fraud conspiracy
Muninder Singh· indicted
Wire and mail fraud conspiracy
Sandeep Heir· indicted
Wire and mail fraud conspiracy
Rachel Mullins· indicted
Financial actions
- seizure: millions — Operation disrupted more than $300 million in annual money laundering transactions; seized and forfeited millions in cash and cryptocurrency
- money laundering: $308,800.00 — Walker exchanged funds for cryptocurrency on behalf of foreign co-conspirators
- money laundering: $4,172,061.58 — Konda personally responsible for laundering criminal proceeds
- money laundering: $1,437,358.99 — Bhusal personally responsible for laundering criminal proceeds
- money laundering: more than $450,000 — Boyd and others attempted to exchange more than $450,000 for Bitcoin
- money laundering: more than $5,350,000.00 — Khuu and co-conspirators allegedly laundered drug trafficking proceeds through cryptocurrency
- money laundering: more than $2.4 million — Rule, Nysewander, and co-conspirators allegedly laundered proceeds of fraud schemes through cryptocurrency
- money laundering: more than $1.2 million — Seay allegedly laundered proceeds of drug trafficking operations through cryptocurrency
From the announcement
“These defendants orchestrated highly organized and sophisticated schemes to launder fraud proceeds through cryptocurrency. Today's announcement sends a clear message that money laundering networks that service fraud schemes targeting American victims, especially the elderly, will not be tolerated, and those operating such networks will be held accountable. By acting as domestic money launderers for foreign co-conspirators, these defendants played indispensable roles that allowed foreign actors to reach from overseas to target victims in communities across the United States.”
“Today's announcement demonstrates the investigative capabilities of the Secret Service and highlights the success of our collaborative efforts through Operation Crypto Runner to dismantle and disrupt transnational money laundering networks. These arrests are just the beginning. We are committed to bringing each of the remaining perpetrators to justice.”
“These cases stem from a multi-year operation initiated in the Eastern District of Texas by Postal Inspectors and the Secret Service. Cybercrime has become an all-too-common way for foreign criminal actors to prey on Americans. Interagency cooperation is essential to be effective in disrupting organized crime. I commend the exceptional work of our law enforcement partners and emphasize our agency's ongoing commitment to combatting fraud and money laundering schemes.”
Investigating agencies
Case details
- Prosecuting office
- Eastern District of Texas
- Case number
- 6:20-CR-91-JCB/KNM, 6:20-CR-31-JDK/JDL, 6:21-CR-32-JDK/JDL, 6:21-CR-43-JDK/KNM, 6:22-CR-62-JCB/JDL, 6:22-CR-64-JDK/KNM, 6:22-CR-110-JDK/JDL, 6:22-CR-111-JCB/KNM
- Assets
- Bitcoin
Primary source
Every fact above is drawn from the Department of Justice's own announcement — a public-domain government record.
Read the original DOJ release →This is a research and reference page compiled from public DOJ announcements, not legal advice. Details reflect the government's statements as of its release date and may not capture later developments such as appeals, dismissals, or overturned convictions. Defendants are presumed innocent unless and until proven guilty.