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Ex-LA cop gets 5 years prison for helping crypto ‘Godfather’ extort victims

Ex-LA cop gets 5 years prison for helping crypto ‘Godfather’ extort victims

Michael Coberg was sentenced to 63 months in prison for his role in helping the so-called crypto "Godfather" with a sham drug bust and the extortion of a victim for $127,000.

A former Los Angeles County Sheriff’s Department deputy has been sentenced to more than five years in prison for helping Adam Iza, a jailed crypto founder dubbed “The Godfather,” extort victims.

A California federal court handed Michael Coberg 63 months in prison and an order to pay $127,000 in restitution for helping Iza extort one of his rivals and arrange a drug possession arrest of another person, the Los Angeles US Attorney's office said on Monday. 

Coberg had pleaded guilty in September to conspiracy to commit extortion and conspiracy against rights.

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Source: Cointelegraph →