Ex-Deputy Jailed for Crypto Extortion, Fake Arrest
Long Beach News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Former L.A. County Deputy Sentenced for Crypto Extortion Scheme: A former deputy, Michael Coberg, and crypto trader, Adam Iza, conspired to extort rivals and stage fake arrests. Coberg pleaded guilty to conspiracy charges and was sentenced to five years and three months in prison, along with a $127,000 restitution. Iza admitted guilt on fraud, tax evasion, and rights conspiracy charges. The sheriffs department severed ties with Coberg, condemning his actions as a betrayal of their standards. Prosecutors revealed how Coberg and others extorted a victim and staged a fake drug bust, leading to Cobergs conviction.
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