Carrasquillo was sentenced to 66 months’ imprisonment, five years of supervised release, more than USD30 million in forfeiture, and more than USD15 million in restitution. His crimes ranged from from a wide-ranging copyright infringement scheme that involved piracy of cable TV, access device fraud, wire fraud, money laundering and hundreds of thousands of dollars of copyright infringement.
The defendants operated a service reselling streaming services for example the sort that let you watch live sports in markets where they are not available. But cable companies and other copyright holders suffer losses because domestic subscribers use such services and don't pay. From about March 2016 until at least November 2019, Carrasquillo along with his co-defendants operated a large-scale internet protocol television (IPTV) piracy scheme in which they fraudulently obtained cable television accounts and then resold copyrighted content to thousands of their own subscribers, who could then stream or playback content.
Then there was the fraud on banks and card processors: the defendants also made fraudulent misrepresentations to banks and merchant processors in an effort to obtain merchant processing accounts.
The defendants earned more than USD30 million, says the district attorney's office in the Eastern District of Pennsylvania. Carrasquillo, in particular, converted a large portion of his profits into homes and dozens of vehicles, including high-end sports cars. When agents attempted to seize those items pursuant to judicially-authorized warrants, Carrasquillo made false statements about and attempted to hide some of those vehicles, including a Freightliner recreational vehicle and a McLaren car.
And then there was the question of tax....
“Whether obtained legally or illegally, all income must be reported,” said IRS Criminal Investigation Special Agent in Charge Yury Kruty. "Carrasquillo took multiple steps to evade his tax liability, including attempting to hide the source of his ill-gotten gains by depositing them into bank accounts held in names other than his own."