Jack Abramoff, the lobbyist behind one of the biggest Washington lobbying scandals as portrayed in the feature film Casino Jack, has been charged in connection with AML bitcoin cryptocurrency. He faces returning to jail after previously serving three and a half years in prison.
Jack Abramoff Charged in Cryptocurrency Fraud Case
The U.S. Department of Justice (DOJ) announced on Thursday that lobbyist Jack Abramoff and Rowland Marcus Andrade have been “charged with fraud in connection with $5 million initial coin offering of cryptocurrency AML bitcoin.”
It has been more than 14 years since Jack Abramoff pleaded guilty in one of the biggest Washington lobbying scandals in U.S. history. Now the 62-year-old has reportedly agreed to enter guilty pleas on charges in two separate schemes, one of which involves a cryptocurrency project called “AML bitcoin,” with which he allegedly helped Andrade defraud investors. The DOJ alleges:
Andrade and Abramoff conspired to make false and misleading statements to potential purchasers of a proposed…