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New Jersey man admits to $1.8M cryptocurrency robbery sentenced to 10 years in prison

September 10, 2018  |  Posted by: Francesca Falzarano
New Jersey man admits to $1.8M cryptocurrency robbery sentenced to 10 years in prison Louis Meza (LinkedIn)

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The mastermind responsible for a $1.8 million cryptocurrency robbery confessed to the heist on Wednesday in exchange for ten years behind bars.

Louis Meza, 35, pleaded guilty to charges of first-degree grand larceny and second-degree kidnapping in Manhattan Supreme Court and is scheduled to be sentenced on September 27th to a decade in prison and five years of post-release supervision.

“Louis Meza orchestrated a 21st-century stick-up,” Manhattan District Attorney Cyrus Vance Jr. said in a statement. “21st-century investigators brought him to justice, securing a landmark conviction in an undeveloped area of the law.”

Meza — with the assistance of three co-defendants whose cases are pending — plotted the scheme that took place back in November 2017, according to NJ.com.

The men held the unidentified victim hostage in a van for two hours while they took his memory stick and used it to transport the Ether currency into an account managed by the suspects.

The cyber thieves reportedly pointed a BB gun at the victim and covered his head with a hood, but the man broke free and managed to call 911.

Authorities said the money was fully recovered and was given back to the victim.

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