{KXLG – South Dakota} Evan Frederick Light, 22, of Lebanon, Indiana, was sentenced to 20 years in federal prison on February 6, 2025, for conspiracy to commit wire fraud and conspiracy to launder monetary instruments. U.S. Chief Judge Roberto A. Lange handed down the sentence.
Light was also ordered to pay a $200 special assessment and will be required to pay restitution of at least $37 million. A hearing to determine the final restitution amount will be scheduled at a later date. Following his prison term, he will also serve three years of supervised release.
Light pleaded guilty in September 2024 to charges stemming from a May 2023 indictment. According to court documents, in February 2022, Light participated in a cyber-intrusion targeting a Sioux Falls, South Dakota, investment holdings company. He…
