Timothy Wadsworth sentenced to 51 months for pandemic-era fraud scheme

Timothy Wadsworth, 35, of Rochester, New York, has been sentenced to 51 months in federal prison for pandemic-era fraud schemes that caused about $2 million in actual and intended losses, Crypto Briefing reports. Wadsworth pleaded guilty to conspiracy to commit wire fraud and money laundering for schemes run from March 2020 to September 2021, including unauthorized credit card transactions pushed through a Stripe merchant account and fraudulent pandemic relief and unemployment claims; the court also ordered restitution of $810,965.