Cincinnati woman sentenced to two years in prison for laundering $8 million in romance scams

CINCINNATI — A Cincinnati woman will spend 24 months in prison after pleading guilty to charges in February, according to U.S. Attorney Kenneth Parker's office.

According to a press release, 65-year-old Pamela Moore admitted in February to laundering more than $8 million from romance scams.

Investigators said Moore used her personal and business bank accounts at multiple banks to launder the funds between 2020 and 2023. Officials said she converted the money into bitcoin “at the direction of the scammers.”

Moore maintained several bank accounts for a company called PSM Custom Designs and Jewelries and used the business accounts solely to launder the stolen money, investigators said.

Moore himself pocketed about $1.7 million of the money.

Not only will she have to spend about two years in prison – as part of her sentence, Moore will also have to pay $1,680,900 in restitution.