Jack Abramoff, possibly the most notorious lobbyist worldwide and among the faces of George W. Bush-era corruption, is dealing with brand-new federal charges in connection with a lobbying and wire scams scheme including a brand-new cryptocurrency called AML Bitcoin.

Abramoff was charged by criminal details in connection with the indictment of Rowland Marcus Andrade. As part of the scheme, according to federal prosecutors, Andrade declared they had technology that “would allow the AML Bitcoin cryptocurrency to comply with anti-money laundering and know-your-customer laws and regulations.”

A Justice Department news release stated that Abramoff “has filed a stipulated notice of an intent to change plea pursuant to a plea agreement,” signaling that Abramoff will likely plead guilty in the event.

The criminal details declared that Abramoff “made false and misleading statements to an undercover agent posing as a potential large purchaser of AML Bitcoin.” The feds declare he likewise worked for a California business in the cannabis market however never ever signed up as a lobbyist.

An undercover FBI representative impersonating a business owner met Abramoff in April 2017, and participated in a lobbying arrangement months later on. After establishing the arrangement, Abramoff supposedly had contacts with a member of Congress and “raised topics related to the legislative goals discussed with the undercover agent, including during a meeting that included the member of Congress in or about July 2018.”

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The post Jack Abramoff, The Face Of Corrupt Lobbying, Charged In Yet Another Lobbying Scheme appeared first on World Weekly News.