The founder and CEO of a Las Vegas internet service provider has been convicted of laundering drug money for a Mexican cartel and carrying out a brazen credit card fraud scheme. Martin Mizrahi, 53, was found guilty of wire fraud, money laundering, and identity theft charges following a 12-day trial in Manhattan federal court, prosecutors announced on Monday. Mizrahi, a wealthy entrepreneur who flaunted his lavish lifestyle on Instagram, was initially arrested in 2022 and charged in the wide-ranging criminal conspiracy alongside three other men.
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