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

Former Aide to Nigel Farage Involved in Controversies

user avatar

by Giorgi Kostiuk

2 years ago


Former Aide to Nigel Farage Implicated in Controversies

A past associate of Nigel Farage, who had a history of wire fraud conviction and was allegedly linked to an illicit cryptocurrency ATM, was captured on video alongside the far-right politician during an incident of being targeted with a milkshake.

George Cottrell, also known as ‘Posh George,’ appeared to be part of Farage’s group at the Reform Party’s campaign commencement in Essex when a bystander threw a milkshake at the former UK Independence Party (UKIP) leader. This encounter marked the second milkshake thrown at Farage.

Cottrell, appointed as an unpaid advisor to Farage in his early 20s, engaged in co-directing fundraising efforts related to Brexit for UKIP. However, his involvement took a dark turn in July 2016 when he was arrested and charged with multiple offenses, including conspiracy to commit money laundering, wire fraud, blackmail, and extortion.

An operation by the FBI exposed Cottrell’s agreement to launder a significant sum of drug trafficking proceeds monthly. He reportedly resorted to threatening to expose fake drug traffickers to the authorities as a means of extorting 130 bitcoins valued at $80,000.

While facing prosecution in the United States, Cottrell struck a plea deal, pleading guilty to one count of wire fraud, leading to the dropping of 20 other charges. His sentence of eight months ended in March 2017.

In a separate development in 2023, Montenegro’s finance minister accused Cottrell of unlawfully owning a cryptomat, a physical cryptocurrency trading outlet akin to an ATM. Allegations also emerged regarding Cottrell’s purported financial support for the political group Evropa Now Movement (PES) in Montenegro.

Despite denials from Cottrell’s legal representatives, claims by politicians from Montenegro’s ‘Movement for Change’ highlighted the illegal nature of cryptocurrency trading and cryptomat operations in the country, raising suspicions about Cottrell’s activities.

Reports revealed Cottrell’s establishment of a ‘Private family office’ in Tivat, Montenegro, in 2020, coinciding with his reported financial setback of £16 million in a local casino.

While his involvement in Farage’s recent campaign kickoff remains ambiguous, Cottrell asserts on his LinkedIn profile that he maintains collaborations with financial entities, politicians, and political advisory firms.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Chainlink CCIP v16 Upgrade Enhances Interoperability with Solana Support

chest

Chainlink has announced the release of its CCIP v16 upgrade, which enhances interoperability by introducing support for Solana and improving flexibility across various virtual machine designs.

user avatarBayarjavkhlan Ganbaatar

XRP Holds Above Key Psychological Level Amid Market Uncertainty

chest

XRP is trading around the critical $1 level, which is being closely monitored by traders as the cryptocurrency market awaits direction.

user avatarMohamed Farouk

Open Standard Launches Open USD Stablecoin to Challenge Market Leaders

chest

Open Standard has launched Open USD, a dollar-backed stablecoin supported by over 140 businesses, aiming to challenge market leaders Tether and Circle.

user avatarElias Mukuru

Solana's Price Drops Below 80 Amidst Ongoing Ecosystem Development

chest

Solana's price has fallen below the 80 mark, raising caution among traders, but the ecosystem continues to grow with real-world assets and DeFi activities.

user avatarDiego Alvarez

Revised Editorial Guidelines Target Improved Content Quality.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarKenji Takahashi

New Editorial Policy Launched to Ensure Content Quality

chest

A new editorial policy has been established to enhance the quality of content.

user avatarMaria Fernandez

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.