The U.S. Attorney's Office for the Northern District of Ohio announced the conviction of 25 individuals involved in an international Business Email Compromise (BEC) and money laundering scheme. The group fraudulently obtained funds by hacking emails to send fake payment instructions, affecting over 1,000 victims across 47 U.S. states and 19 countries, with a total amount of approximately $215 million. The illicit proceeds were laundered through fake bank accounts, cash transfer systems, and cryptocurrencies, with about $50 million processed via checks and money service businesses. Authorities have seized or confiscated assets including cash, crypto assets, and high-value items.