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Event Brief

Judge Sentences Cyber Conman to 15 Years in $29M Heist

A federal court in Miami sentenced Ernesto Ortega Padgett to 15 years for a $29M bank impersonation wire-fraud scheme.
WHO: Ernesto Ortega Padgett, 41, Nicaraguan national
WHAT: Sentenced to 15 years for orchestrating a $29 million bank impersonation cyber heist involving wire fraud conspiracy
WHEN: May 6, 2026 at 10:01 AM ET
WHERE: Miami, Florida
WHY: He pleaded guilty to conspiracy to commit wire fraud tied to the $29 million bank impersonation ring
How this story developed (showing 5 of 5 earlier reports)

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