• 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

Morgan Stanley's Amy Oldenburg Discusses Bitcoin on Bank Balance Sheets

chest

Amy Oldenburg from Morgan Stanley suggests that major banks may consider holding Bitcoin as a treasury asset in the future, contingent on regulatory progress.

user avatarAisha Farooq

Mistral AI Unveils New Model Amidst Mixed Reactions

chest

Mistral AI has launched its new model, Mistral Medium 35, featuring a 128-billion-parameter architecture and innovative tools, but faces skepticism due to underwhelming benchmark performance.

user avatarTenzin Dorje

Crypto Analyst Warns of Imminent Bitcoin Price Crash

chest

A crypto analyst warns Bitcoin investors to sell before a predicted price crash, potentially dropping to the 40,000 range.

user avatarBayarjavkhlan Ganbaatar

Canonical Responds to User Concerns Over AI Features

chest

Canonical addresses user concerns over AI features in Ubuntu, emphasizing privacy and user control.

user avatarElias Mukuru

User Backlash Against Ubuntu's AI Feature Announcement

chest

Ubuntu users express dissatisfaction with Canonical's plans to integrate AI features into the operating system, fearing a shift towards unwanted functionalities similar to those in Windows.

user avatarMohamed Farouk

Bitcoin's 2618 Pattern Activated Amidst Market Corrections

chest

The long-anticipated 2618 pattern for Bitcoin has officially activated, indicating a potential corrective phase in the market.

user avatarDiego Alvarez

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.