Former FBI agent Patrick Steven Yaroch has pleaded guilty to stealing $2.47 million in cryptocurrency using classified investigative records. The 37-year-old admitted to wire fraud and money laundering on November 5 in Virginia. Prosecutors said his actions compromised 35 investigations involving criminal groups and foreign adversaries.
Yaroch used credentials obtained through FBI investigations to conduct approximately 100 unauthorized cryptocurrency transfers.
Former Agent Used FBI Records to Steal Crypto
Yaroch worked in the FBI’s Boston Division before joining its Counterintelligence and Espionage Division in February 2025. Prosecutors said he accessed cryptocurrency wallets under FBI investigation, including one created by the bureau.
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He exchanged the stolen assets and transferred the proceeds through multiple accounts to conceal their origin. He also deposited $93,082 into accounts before using the money to pay personal debts.
Yaroch Faces Up to 20 Years in Prison
Yaroch used ChatGPT to research overseas investment opportunities and possible destinations. He also hired a lawyer in Portugal while considering a move abroad.
The theft exposed FBI sources and investigative methods used in criminal and national security cases. Yaroch faces up to 20 years in prison and is scheduled to be sentenced on March 4, 2027.
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