Saturday, January 30, 2016

Arthur Budovsky Pleads Guilty to Money Laundering


Liberty Reserve founder: FBI wanted my source code
Arthur Budovsky arrested in Spain, before heading to NY


According to US Attorneys Office, New York, Arthur Budovsky, who renounced his US Citizenship, plead guilty to running a multi million dollar global digital currency business, known as Liberty Reserve, providing currency services for criminals. See full story here....http://www.justice.gov/usao-sdny/pr/founder-liberty-reserve-arthur-budovsky-pleads-guilty-manhattan-federal-court

This was his second run in with the law as he was convicted back in 2006 for running an illegal money transaction business. That got him 5 years probation. He later renounced his US Citizenship and became a Costa Rican citizen

In this case, he admitted laundering 250 million dollars. He will pay a heavy price for his actions as he faces a 20 year sentence plus a huge fine/forfeiture.

Budovsky is currently incarcerated at MCC, Manhattan





cell in MCC Manhattan, with waterbugs and mice as your overnight guests


He is no more living the high life that this kind of money brought him but he is living in a horrible cell in MCC, Manhattan. You have zero privacy. The bathroom is in the same cell. It is especially difficult overnight when the cell is locked around 10:30 PM till 6:00 AM and if you have to defecate, it is very embarrassing. Your bunki would have to pull a sheet or blanket over his eyes as not to see what you are doing.

Since Budovsky renounced his US Citizenship, thinking he is smarter than the Feds, he is ineligible to go to a camp. Instead, he may end up in FCI Fort Dix, which is a low and there are bloody fights breaking out every week. He will only be transferred out of MCC when he gets sentenced. It takes about 1 to 2 weeks to get moved out once you are sentenced.

I sat 1316 days in several prisons so I know what Budovsky has to go through. I don't wish this on my enemies. All the money he made and cherished is gone, just like the ancient Egyptians forgot about the years plenty when the famine hit, as noted in the Torah.

To read my story, go here...http://www.amazon.com/gp/product/B011GTWLOG
This a true crime story based on a white collar crime


 

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