Richard Pinedo, of Santa Paula, ran an online service called Auction Essistance, through which he bought and sold bank account numbers that would help users circumvent security measures of digital payment companies. Pinedo transferred, possessed and used the identities of other people in connection with unlawful activity, according to a statement of the offense. He pleaded guilty on February 12, according to court documents.
Pinedo faces up to 15 years in prison and a $250,000 fine, according to the plea agreement. It said he has no criminal history and that he agrees to cooperate with Mueller’s office.