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Mastermind of 15,000-Mule Cybercrime Laundering Network Pleads Guilty in US

SecurityWeek
· October 12, 2026

AI summary

Oleg Korniev, a leader of a money mule network known as YMCO, has pleaded guilty in the US. YMCO was a sophisticated operation that assisted hackers in transferring funds out of the country, utilizing a large network of approximately 15,000 mules. Korniev's guilty plea is related to his role in this cybercrime laundering network. The network played a key part in helping hackers move illicit funds outside the US. Korniev's involvement was significant as a leader of YMCO. The guilty plea marks a notable development in the case against this large-scale cybercrime operation.

Read the full article at SecurityWeekwww.securityweek.com/mastermind-of-15000-mule-cybercrime-laundering-network-pleads-guilty-in-us/

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