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Securities,
Criminal

Jun. 26, 2020

Cannabis lobbyist Jack Abramoff pleads guilty to conspiracy

Convicted Washington lobbyist faces federal prison again after pleading guilty to cryptocurrency fraud.

Lobbyist and convicted felon Jack Abramoff will return to prison after agreeing Thursday to plead guilty to felony conspiracy charges in a $5 million cryptocurrency scam.

An alleged co-conspirator, Rowland M. Andrade of Missouri City, Texas, did not enter a plea. Prosecutors say Abramoff and Andrade, 42, conspired to make false and misleading statements to potential buyers of a new cryptocurrency called AML Bitcoin. They allegedly r...

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