LA Deputies Allegedly Aided Crypto Mogul Adam Iza in Extortion Scheme, DOJ Reports
2025-07-15 06:45:46
Main Idea
Los Angeles County Sheriff deputies pleaded guilty to aiding a crypto extortion scheme led by Adam Iza, exposing corruption in law enforcement and private security collaborations, with the case highlighting the need for stricter oversight.
Key Points
1. LA Sheriff deputies David Anthony Rodriguez and Christopher Michael Cadman admitted to assisting Adam Iza, a jailed crypto mogul, in extortion and illegal surveillance.
2. Iza's operation involved using law enforcement powers to intimidate victims, including GPS tracking and coerced payments, with deputies receiving up to $280,000 monthly.
3. Iza's ex-girlfriend, Iris Ramaya Au, pleaded guilty to filing false tax returns and facilitating bribes to law enforcement.
4. Cadman faces up to 13 years in prison, Rodriguez up to 10 years, and Iza could receive up to 35 years at his December 15 sentencing.
5. The case underscores vulnerabilities in off-duty law enforcement engagements and calls for increased oversight in policing and the cryptocurrency sector.
Description
Two Los Angeles County Sheriff deputies have admitted to abusing their law enforcement authority to assist a notorious crypto extortion scheme, highlighting significant corruption risks within private security roles. The
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