TexasBitcoin

Former Employee Sentenced for Wire Fraud

Aug 16, 2018 · Sourced to the U.S. Department of Justice

This case reached the sentenced stage in the Department of Justice's public record. Everything below reflects only what the government itself announced, and links to the original release.

27 months in federal prison, $552,651.00 in restitution, and three years of supervised release

Announced

Aug 16, 2018

Status

Sentenced

Defendants

  • George Koutsostamatisage 28 · Houston · sentenced

Charges

  • Wire Fraud

    Max: 27 months in federal prisonGeorge Koutsostamatis· pleaded guilty

Financial actions

  • restitution: $552,651.00Restitution ordered to be paid as part of sentencing for wire fraud

Investigating agencies

Federal Bureau of InvestigationFBI Houston Cyber Task ForceFederal Bureau of InvestigationU.S. Attorney's OfficeU.S. Attorney's OfficeNational Crime Agency

Case details

Prosecuting office
Southern District of Texas
Judge
Sim Lake, U.S. District Judge
Assets
BTC
CryptocurrencyCybercrimeExtortionInsider ThreatInternational CooperationWire Fraud

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.