Lobbyist Abramoff Charged in Cryptocurrency Fraud Case - Black News Channel

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Lobbyist Abramoff Charged in Cryptocurrency Fraud Case - Black News Channel

SAN FRANCISCO (AP) — Jack Abramoff, a once-powerful lobbyist who spent time in federal prison for fraud and corruption, has been charged in a San Francisco court in an investor fraud case involving cryptocurrency and lobbying disclosure, federal authorities announced Thursday. U.S. Attorney David Anderson said Abramoff, 61, of Silver Spring, Maryland, has agreed to plead guilty to criminal conspiracy charges and a criminal violation of the Lobbying Disclosure Act in the case involving a cryptocurrency called AML Bitcoin. Anderson said the charges were the first-ever brought since Congress in 2007 amended the act to address lobbying abuses and undisclosed []

The post Lobbyist Abramoff Charged in Cryptocurrency Fraud Case appeared first on Black News Channel.

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