California Money Launderer Sentenced in D.C. to 70 Months for Role in Scheme that Stole $263 Million

description

Case Summary

Evan Tangeman, a 22-year-old from Newport Beach, California, was sentenced to 70 months in prison for laundering millions of dollars generated by a social engineering scheme. The scheme stole over $263 million in cryptocurrency and used the proceeds to support the criminal enterprise's lavish lifestyles. Tangeman's actions were a significant part of the scheme, and his sentencing is a result of his involvement.

Latest development

California Money Launderer Sentenced in D.C. to 70 Months for Role in Scheme that Stole $263 Million

Media Coverage · April 24, 2026

Evan Tangeman, a 22-year-old from California, was sentenced to 70 months in prison for laundering millions of dollars generated by a multi-state criminal enterprise that stole $263 million in cryptocurrency. The scheme involved social engineering and supported the lavish lifestyles of the perpetrators. Tangeman's role in the scheme has been acknowledged and punished.

newspaper Read article

Key Issues

• • money laundering
• • social engineering scheme
• • sentencing

smart_toy Juryvine case summary generated from primary court records. How we verify our work.

update What Changed This Week

1 event

newspaper

Media Coverage 1 day ago

Evan Tangeman, a 22-year-old from California, was sentenced to 70 months in prison for laundering millions of dollars generated by a multi-state criminal enterprise that stole $263 million in cryptocurrency. The scheme involved social engin

receipt_long Source (filing) expand_more

Evan Tangeman, 22, of Newport Beach, California, was sentenced today in U.S. District Court to 70 months in prison for laundering millions of dollars generated by an elaborate social engineering scheme orchestrated by a multi-state criminal enterprise that stole more than $263 million in cryptocurrency and used the proceeds to support the criminal enterprise’s fantastically extravagant lifestyles.

Open original open_in_new

Juryvine summaries are generated from court records. Expand "Source" on any row to see the underlying filing.

Case Timeline

1 event

newspaper

Media Coverage April 24, 2026

California Money Launderer Sentenced in D.C. to 70 Months for Role in Scheme that Stole $263 Million

Evan Tangeman, a 22-year-old from California, was sentenced to 70 months in prison for laundering millions of dollars generated by a multi-state criminal enterprise that stole $263 million in cryptocurrency. The scheme involved social engineering and supported the lavish lifestyles of the perpetrators. Tangeman's role in the scheme has been acknowledged and punished.

newspaper Read article open_in_new

newspaper

Press Coverage

1 article

All No paywall (1) Original reporting (1)

newspaper

Coverage

California Money Launderer Sentenced in D.C. to 70 Months for Role in Scheme that Stole $263 Million

Evan Tangeman, 22, of Newport Beach, California, was sentenced today in U.S. District Court to 70 months in prison for laundering millions of dollars generated by an elaborate social engineering …

Apr 24, 2026 · 1 min read