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Thu Jun 25, 2020, 10:08 PM

Lobbyist Abramoff to plead guilty in cryptocurrency fraud case

Source: Reuters

TECHNOLOGY NEWS JUNE 25, 2020 / 4:18 PM / UPDATED 3 HOURS AGO

Lobbyist Abramoff to plead guilty in cryptocurrency fraud case

Jonathan Stempel, Lawrence Delevingne
3 MIN READ

(Reuters) - The U.S. government said on Thursday that lobbyist and former convict Jack Abramoff had agreed to plead guilty to violating a federal lobbying disclosure law in connection with an alleged fraudulent offering of the cryptocurrency AML Bitcoin.

Abramoff and Rowland Marcus Andrade, the chief executive of NAC Foundation, were accused of conspiring to make false and misleading statements to potential purchasers of the cryptocurrency. Andrade was also criminally charged in connection with the offering.

The U.S. Securities and Exchange Commission on Thursday announced parallel charges against NAC, Andrade and Abramoff. Abramoff, who once served four years in prison for bribing U.S. officials in a case that became synonymous with government corruption, also agreed to settle with the SEC.

Lawyers for Abramoff did not immediately respond to requests for comment. A lawyer for NAC had no immediate comment. A lawyer for Andrade could not immediately be identified.

-snip-


Read more: https://www.reuters.com/article/us-usa-crime-abramoff/lobbyist-abramoff-to-plead-guilty-in-cryptocurrency-fraud-case-idUSKBN23W39C

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Reply Lobbyist Abramoff to plead guilty in cryptocurrency fraud case (Original post)
Eugene Jun 25 OP
Me. Jun 25 #1
Mme. Defarge Jun 25 #3
SheltieLover Jun 25 #2
keithbvadu2 Jun 25 #4
Eugene Jun 25 #5

Response to Eugene (Original post)

Thu Jun 25, 2020, 10:15 PM

1. OMG

Abramoff still committing crimes. Didn't he learn anything from his prison stay?

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Response to Me. (Reply #1)

Thu Jun 25, 2020, 10:21 PM

3. He's still criming!

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Response to Eugene (Original post)

Thu Jun 25, 2020, 10:19 PM

2. Why is he still not in prison?

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Response to Eugene (Original post)

Thu Jun 25, 2020, 10:44 PM

4. Probably still working with grifting super-Christian Ralph Reed?

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Response to keithbvadu2 (Reply #4)

Thu Jun 25, 2020, 10:59 PM

5. He has apparently moved on to other dodgy people like Dana Rohrabacher

and Iancu Costel.

From the last paragraph of the OP Reuters link and this:

https://www.reuters.com/article/us-usa-politics-abramoff/convicted-felon-jack-abramoff-registers-to-return-to-lobbying-idUSKBN19E2JN

From Wikipedia:

Costel Iancu (known in the press as Dom' Costel, Mr. Costel) is a Romanian politician who has been involved in a scandal in which he was accused of kidnapping local businessmen and taking photographs of them naked and in chains.

https://en.m.wikipedia.org/wiki/Costel_Iancu

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