Lobbyist Jack Abramoff Charged by U.S. in Cryptocurrency Fraud
- Investors allegedly deceived in offering of digital tokens
- Abramoff to plead guilty, faces five years, prosecutor says
Jack Abramoff
Photographer: Charles Dharapak/APThis article is for subscribers only.
Jack Abramoff, the onetime Washington insider who went to prison in a lobbying scandal, was charged by the U.S. with illegally lobbying for a fraudulent cryptocurrency project.
Abramoff has agreed to plead guilty to conspiracy and violating the Lobbying Disclosure Act and faces as long as five years in prison, according to a court filing and U.S. Attorney David Anderson in San Francisco.