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Maryland Chapter 21 of Association of Certified Fraud Examiners

Lobbyist Jack Abramoff Charged With Fraud In Connection With $5 Million Initial Coin Offering of Cryptocurrency; Abramoff Also Agrees to Enter Guilty Plea to First-Ever Criminal Prosecution

25 Jun 2020 8:01 PM | Anonymous
The allegations underlying the charges against Abramoff, 62, of Silver Spring, Md., ...are contained in two separate documents...According to the allegations, Abramoff and another person conspired to make false and misleading statements to potential purchasers of a proposed new cryptocurrency called AML Bitcoin. The information filed against Abramoff also alleges that he knowingly and corruptly failed to register as a lobbyist, as required by the Lobbying Disclosure Act...This is the first ever known prosecution of a lobbyist for a criminal violation of the Act...An information and an indictment merely alleges that crimes have been committed, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt. Source: U.S. Attorney, Northern District of California

Maryland Chapter 21 of Association of Certified Fraud Examiners

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