Each of them had sent money to Blue Star Exchange, or other businesses linked to Yaacoby, for purported investments, which they later realised were fraudulent.Yaacoby was not involved in the scamming itself, but the jury found he was knowingly working with the fraudsters to move the stolen money out of Australia.Yaacoby's lawyer, David Dalton SC, argued that his client was "running a legitimate business"."We're not suggesting that [the victims] haven't been defrauded," he said, but told the court that his client "did not know about it".Mr Dalton conceded that Yaacoby had been "pushing boundaries" but said that was to keep his business afloat.The Crown case hinged on a ledger of more than 1,000 "clients" found on Yaacoby's laptop, which was seized during his arrest in November 2023.Yaacoby had also been communicating with several of the scammers, who were identified in the ledger using only pseudonyms, on the messaging app Telegram.In a recorded phone call Yaacoby, speaking Hebrew, could be heard asking one of the more prolific scammers he worked with: "Why haven't you started bringing in money?"Yaacoby was recorded calling the man "dumb" and instructing him on how he should make representations to his Australian clients.He was arrested while visiting Sydney in November 2023 It had been converted to cryptocurrency by Yaacoby and his associates and sent overseas.Yaacoby had no contact with the victims himself and was not involved in defrauding them.He provided the financial infrastructure that allowed the scammers to get the stolen money out of Australia.This infrastructure, which the Crown described as a "money laundering" operation, was the central subject of the trial.Money laundering is the process of obscuring the origin of dirty money