# FBI agent steals $2.47M

Quick Take · News · Published November 6, 2026 · By [Anthony Asuaje](https://walkeranthony.com/about/), Walker Strategies
Canonical URL: https://walkeranthony.com/news/fbi-agent-steals-2-47m/

A former FBI agent, Patrick Steven Yaroch, pleaded guilty to wire fraud and money laundering after stealing $2.47 million in crypto from wallets tied to 35 investigations. The thefts compromised multiple investigations and exposed a significant internal security failure at the FBI.

The US Department of Justice disclosed that Patrick Steven Yaroch, a 37-year-old former FBI agent, pleaded guilty to wire fraud and money laundering after exploiting his access to crypto wallet credentials collected during FBI investigations.

The scheme involved about 100 unauthorized transfers using credentials tied to 35 separate FBI investigations, including wallets belonging to suspected criminals, adversarial nation-state actors, and at least one wallet the bureau created for an operation. The thefts began no later than December 2024 and compromised multiple investigations involving criminal groups and foreign adversaries.

Yaroch used the stolen funds to pay personal debts, including credit card bills, vehicle payments, and other debts. He also planned to use the remaining amount to establish a new life in Portugal, where he had taken concrete steps to register with the country's tax authorities and obtain a tax identification number.

The FBI terminated Yaroch's employment on July 31, and investigators recovered approximately $925,426 in cryptocurrency from accounts he controlled. An additional $165,582 remained in dollars at Kraken. Yaroch is scheduled to be sentenced on March 4, 2027, and faces up to 20 years in prison.

The incident exposes a significant internal security failure at the FBI, where an agent entrusted with protecting national security turned information gathered through federal investigations into personal enrichment. The full extent of the intelligence damage remains undisclosed, but prosecutors said the thefts interfered with the FBI's ability to protect public safety and national security.

Source: [justice.gov](https://www.justice.gov/usao-edva/pr/former-fbi-agent-pleads-guilty-cryptocurrency-theft)

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