{"id":428644,"date":"2020-06-26T20:00:05","date_gmt":"2020-06-26T20:00:05","guid":{"rendered":"https:\/\/ktsl888.com\/?p=428644"},"modified":"2020-06-26T17:56:02","modified_gmt":"2020-06-26T17:56:02","slug":"cryptocurrency-scam-jack-abramoff","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cryptocurrency-scam-jack-abramoff\/","title":{"rendered":"Lobbyist, Filmmaker, Cryptocurrency Scammer: Who Is Jack Abramoff?"},"content":{"rendered":"
Former Washington lobbyist Jack Abramoff has agreed to plead guilty in a case involving a cryptocurrency scam<\/a>.<\/p>\n How did this former filmmaker turned lobbyist end up involved in a cryptocurrency scam? And who exactly is Jack Abramoff?<\/p>\n Lobbyist Jack Abramoff has been hit with dual charges related to a crypto scam, along with cohort Rowland Marcus Andrade.<\/p>\n Andrade is the chief executive of NAC Foundation, a Las Vegas-based virtual currency firm according to the Better Business Bureau<\/a>.<\/p>\n The duo is accused of making false claims<\/a> associated with a cryptocurrency scam called AML Bitcoin.<\/p>\n Related Reading | PSA: New XRP Scam Is Targeting Scorn Ripple Investors\u00a0<\/a><\/strong><\/em><\/p>\n The United States Securities and Exchange Commission says they made statements that misled investors.<\/p>\n Abramoff is also charged with violating a lobbyist disclosure law, associated with the scheme.<\/p>\n The SEC says that the project claimed to be “superior to the original Bitcoin.” AML Bitcoin was also said to offer anti-money laundering and theft-resistance tech. These claims, the SEC says aren’t credible.<\/p>\n Abramoff pled guilty to the charges and faces potential jail time for the crimes. However, this wouldn’t be Abramoff’s first stint in prison.<\/p>\n Lobbyist Jack Abramoff is now embroiled in a case involving the SEC and a cryptocurrency scam. But it’s not the former filmmaker and disgraced lobbyist’s brush with the law.<\/p>\n In 2006, Abramoff pleaded guilty to felony counts of conspiracy, fraud, and tax evasion. He served four years in prison for the crimes.<\/p>\n Abramoff has had a bizarre career, first starting out as a filmmaker. He spent ten years in Hollywood, producing the film Red Scorpion<\/a>, starting ’80s star Dolph Lundgren of Rocky fame.<\/p>\n Abramoff later took a job at the lobbying arm of the law firm Preston Gates & Ellis LLP, where his lobbyist roots began.<\/p>\nFormer Lobbyist and Hollywood Filmmaker Involved in Cryptocurrency Scam<\/h2>\n
From Bribery To Fraudulent Bitcoin Claims, Jack Abramoff’s Criminal Curveball<\/h2>\n