• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Allegations of Extortion by Crypto Executive Linked to Los Angeles Sheriffs

user avatar

by Giorgi Kostiuk

8 months ago


  1. FBI Alleges Extortion and Payments to LASD
  2. Victim Claims He Was Forced to Transfer $25,000
  3. Investigating Tax Evasion and Overseas Movements

  4. Adam Iza, executive of the Zort platform, faces charges of conspiracy against rights and tax evasion, according to a recent affidavit by FBI Special Agent Barbara Johnson.

    FBI Alleges Extortion and Payments to LASD

    The scheme reportedly involved payments to Los Angeles Sheriff’s Department (LASD) deputies in exchange for unlawful acts, including unauthorized searches and arrests to intimidate and silence victims. The FBI investigation identified multiple situations of alleged extortion and civil rights violations.

    Victim Claims He Was Forced to Transfer $25,000

    Another victim, R.C., claimed that he was forced to transfer $25,000 from his business account to Iza’s account while being held at gunpoint by bodyguards. Financial tracing revealed payments from Iza and his associates to LASD deputies, which were allegedly in exchange for various illegal activities.

    Investigating Tax Evasion and Overseas Movements

    The FBI also uncovered evidence of major tax evasion. Iza reportedly did not file tax returns for the years 2020 through 2022, despite accumulating tens of millions of dollars through allegedly fraudulent means.

    The FBI continues to investigate Adam Iza's activities and his connections with LASD deputies. Iza left the United States in 2023 and reportedly plans to move to Monaco or Switzerland.

0

Share

Other news

National Crypto Council in Pakistan: A Step Towards Cryptocurrency Legitimization

Pakistan is creating a National Crypto Council aimed at regulating cryptocurrency with the involvement of leading U.S. crypto experts.

user avatarGiorgi Kostiuk

24 minutes ago

Bitcoin Recovers Above $102,000 After Market Shock

Bitcoin has regained its position above $102,000 after a sharp decline rattled investors. Analysis reveals key resistance and support levels.

user avatarGiorgi Kostiuk

25 minutes ago

Ravencoin Listing on Bitget: A New Opportunity for Traders

Bitget is launching trading for Ravencoin (RVN), a new asset transfer blockchain project, starting June 7, 2025.

user avatarGiorgi Kostiuk

26 minutes ago

Eric Schmidt's Vision for Space-Based AI Data Centers in 2025

Eric Schmidt, former Google CEO, plans to create space-based data centers for artificial intelligence to meet rising energy demands.

user avatarGiorgi Kostiuk

30 minutes ago

Ethereum's User Growth and Stellar's Recovery Attract Attention

Ethereum added 1.83 million new users; Stellar is recovering from a decline. Market changes in cryptocurrencies are anticipated.

user avatarGiorgi Kostiuk

32 minutes ago

Mutuum Finance Audit: Security Issues in DeFi

Mutuum Finance has passed the Certik audit, enhancing its security and attracting investors in DeFi.

user avatarGiorgi Kostiuk

32 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.