Notorious former Washington insider Jack Abramoff appears headed back to prison after entering into a plea deal with federal prosecutors in San Francisco
Prosecutors announced on Thursday that Abramoff is charged with conspiracy to commit wire fraud related to cryptocurrency and lobbying disclosure.At a news conference in San Francisco, US Attorney David Anderson said Abramoff has agreed to plead guilty and faces up to five years in prison.The Securities and Exchange Commission also sued Abramoff for conducting a fraudulent, unregistered offering and sale of the digital token called AML Bitcoin.
He pleaded guilty to a raft of federal corruption charges and agreed to cooperate with prosecutors investigating Washington influence-peddling, admitting to illegally showering gifts on officials who provided favors for his clients.
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