Ex-Goldman Sachs Trader’s DJ Business Funded By (Alleged) Money Laundering Firm

Before DJ D-Sol, there was S!CK: while trading equity derivatives at Goldman Sachs, Thomas Spieker moonlighted in dance clubs in San Francisco and New York. Unlike fellow newcomer in the old Vampire Squid, however, Spieker wasn’t content to keep his music as just a hobby, starting production companies and a talent agency, touring all the time.

Alas, those endeavors didn’t prove as lucrative as working for Goldman Sachs (nor as successful as doing it part-time, as Spieker never played Lollapalooza), and Spieker had to find another way to maintain the beat on his Brooklyn party nights. This way was by bitcoin. And, well, things (allegedly) developed from there.

At some point, Mr. Spieker seems to have moved from musical genres like dubstep and witch house to different ventures. In a 2018 Facebook post, prosecutors say, he advertised his money laundering services, presenting them as being aimed at potential clients who wanted to “STAY COMPLETELY OFF THE RADAR.”

From March 2018 to June 2020, Mr. Spieker, in conjunction with Mr. Sites and others, opened 29 bank accounts and eight cryptocurrency exchange accounts, prosecutors said. His fees ranged from 4 to 12% of the money laundered.

Mr Spieker’s most important client, whom he described as his “whale client”, was the Eastern European organized crime member, prosecutors said. Mr. Spieker laundered $620,000 for the client, they said.

Mr Spieker is also accused of laundering more than $267,000 for the Nigeria-based ‘romance scam’ operator who used the name Mark Kindly.

Ex-Party Producer Charged With $2.7M Bitcoin Laundering Scheme [NYT]

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