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The $62M “Adult Token” Pipeline: Hackensack Couple Pleads Guilty in Massive International Money Laundering Scheme

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The Token Trick: Online consumers purchased “tokens” to pay adult performers for live performances

the staff of the Ridgewood blog

HACKENSACK, NJ – A high-stakes international money-laundering operation run out of a quiet Bergen County neighborhood has come crashing down. Nicholas Ortega Munoz and Isabella Valderrama Ospina, both 23 and residents of Hackensack, pleaded guilty in Newark federal court this week to operating a sophisticated, unlicensed $62 million money-transmitting business.

Continue reading The $62M “Adult Token” Pipeline: Hackensack Couple Pleads Guilty in Massive International Money Laundering Scheme