Former Kalispell resident for $ 2.4 million of cryptocurrency money laundering scheme

Missoula, Mont. – A former Kalispell resident was sentenced this week by a jury in a federal court in Texas for a conspiracy of cryptocurrency money.

According to a press release, on Wednesday, Randall V. Rule, 73, was declared guilty along with Gregory C. Nysewander, previously from Irmo, South Carolina, of all the positions presented by federal prosecutors.

The couple was accused on November 16, 2022 and accused of conspiracy of money laundering, money laundering and a conspiracy to violate the bank’s secretation law.

The press release establishes:

According to the accusation, it was alleged that Rule and Nysewander had conspired with others to wash the products of fraud and postal fraud schemes through cryptocurrency. The defendants converted funds from romantic scams, commercial email commitments, real estate scams and other fraudulent schemes to cryptocurrency and sent the cryptocurrency to accounts controlled by foreign and national conspirators. The defendants and their co-conspirators made false representations and hidden material facts, to avoid the discovery of the fraudulent nature of the deposits, cables and transfers, such as providing instructions to the conspirators and victims to label wire transfers such as “loan payments” and “advertising”. The defendants also made false representations and hidden material facts when completing the opening documents of the account. Financial institutions and cryptocurrency exchanges.

The rule faces up to 20 years in prison for each federal position by sentence. A sentence date has not yet been established.

Full launch:

A man from Montana was convicted of a cryptocurrency money laundering conspiracy, American prosecutor Abe McGlothin announced Jr.

Randall V. Rule, 73, formerly from Kalispell, Montana, was declared guilty for a jury over all charges after a three -day trial before the United States District Judge, Jeremy D. Kernodle, on February 26, 2025.

“We will not support ourselves since our citizens are victims of financial crimes and their life savings are stolen,” said interim prosecutor McGlothin. “We will aggressively interpret cases against scammers and against those who facilitate their crimes by washing criminal income.”

“The United States Secret Service extends our thanks to the United States prosecutor’s office, Eastern District of Texas, for their efforts and association in this case,” said resident agent by Brad Schley. “This case culminates the work of a great team of investigators and prosecutors who work tirelessly to protect the financial infrastructure of the United States.”

On November 16, 2022, Rule and Gregory C. Nysewander, previously of Irmo, South Carolina, were appointed in an accusation returned by a Federal Grand Jury, accusing them of conspiracy of money laundering, money laundering and a conspiracy to violate the secret act of the bank.

According to the accusation, it was alleged that Rule and Nysewander had conspired with others to wash the products of fraud and postal fraud schemes through cryptocurrency. The defendants converted funds from romantic scams, commercial email commitments, real estate scams and other fraudulent schemes to cryptocurrency and sent the cryptocurrency to accounts controlled by foreign and national conspirators. The defendants and their co-conspirators made false representations and hidden material facts, to avoid the discovery of the fraudulent nature of the deposits, cables and transfers, such as providing instructions to the conspirators and victims to label wire transfers such as “loan payments” and “advertising”. The defendants also made false representations and hidden material facts when completing the opening documents of the account. Financial institutions and cryptocurrency exchanges.

In the sentence, the rule faces up to 20 years in a federal prison for each money laundering charge and up to 5 years in federal prison on the conspiracy to violate the position of the Banking Secretation Law. The maximum legal prayer prescribed by the Congress is provided here for information purposes, since the sentence will be determined by the Court based on the guidelines of advice and other legal factors. A sentence hearing will be scheduled after the completion of a presentation investigation by the United States probation office.

This effort is part of Operation Crypto Runner, an organized operation of the drug control task crime (Ocdetf). Ocdetf identifies, interrupts and dismantles the highest level criminal organizations that threaten the United States using an intelligence approach and multiple agencies led by the prosecutor. Additional information about the OECTF program at https://www.justice.gov/ocdetf can be found.

This case was investigated by the United States Secret Service and the United States Postal Inspection Service. He was prosecuted by the US prosecutors D. Ryan Locker, Dustin Farahnak and Nathaniel C. Kummerfeld.