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A Hingham man who was convicted earlier this year of money laundering now faces new charges of money laundering conspiracy.

Yannick A. Minang, 26, was arrested yesterday and charged by criminal complaint with one count of international money laundering conspiracy.

Earlier this year, Minang pleaded guilty to a five-count indictment for his role in a similar business email compromise scheme in 2017. Minang is scheduled to be sentenced on those charges on July 17.

According to the charging document, Minang allegedly conspired with others to open numerous bank accounts in Massachusetts in the name of sham companies, as part of an apparent email phishing scheme called a “business email compromise scheme.”

A business email compromise scheme is a sophisticated scam often targeting businesses involved in wire transfer payments. The fraud is carried out by compromising or “spoofing” legitimate business email accounts through social engineering or hacking techniques, to cause employees of the victim company, or other individuals involved in legitimate business transactions, to transfer funds to accounts controlled by the scammers.

Minang allegedly conspired to trick a victim of the scheme into wiring hundreds of thousands of dollars to a bank account under his control. Minang and his co-conspirators then transferred funds from the account on to others located overseas.

Minang faces 20 years in prison, three years of supervised release and a fine of $500,000 or twice the amount involved in the transaction, whichever is greater.