Evan Frederick Light from Lebanon, Indiana, entered<\/a> <\/strong>his plea on September 30, 2024, facing accusations of conspiracy to commit fraud and money laundering.<\/p>\n

The charges relate to a cyberattack orchestrated by Light in February 2022. He targeted an investment holding firm in Sioux Falls, South Dakota, stealing sensitive personal information from nearly 600 victims, which enabled him and his co-conspirators to misappropriate substantial amounts of cryptocurrency, totaling more than $37 million.<\/p>\n

U.S. Attorney Alison J. Ramsdell highlighted the importance of this conviction, stating that it showcases the unwavering efforts of the U.S. Attorney\u2019s Office and the FBI in bringing cybercriminals to justice and supporting their victims. She noted, “Even though this defendant tried to conceal himself in the depths of the cyber underworld, he was not beyond the reach of our team.”<\/p>\n