• 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

Roblox Upgrades Chat Moderation and Translation Features

chest

Roblox is upgrading its text filtering system to better detect evasion of moderation rules and introducing AI chat translation for improved communication.

user avatarDiego Alvarez

Divergence in Bitcoin Trading Positions Signals Potential Market Shift

chest

Currently, Bitcoin is experiencing a divergence in trading positions between retail traders and larger investors, or whales. While retail traders remain bullish, whales are increasingly opening short positions and cutting their long bets.

user avatarElias Mukuru

Roblox Unveils AI Chat Rephrasing to Enhance User Experience

chest

Roblox introduces a new feature that uses AI to rephrase flagged chat messages, enhancing readability and maintaining civility among users.

user avatarKenji Takahashi

Analysts Predict Altcoin Season as Bitcoin Dominance Declines

chest

Analysts predict an upcoming altcoin season as Bitcoin dominance declines, with favorable market conditions for altcoins.

user avatarMaria Fernandez

Crypto Treasury Sector Faces Decline Amid Market Changes

chest

The crypto treasury sector is experiencing a significant decline, with monthly inflows dropping to approximately $555 million, the lowest since October 2024, due to investor caution amid market uncertainty.

user avatarRajesh Kumar

Grant Cardone Introduces Innovative Crypto Treasury Model

chest

Real estate mogul Grant Cardone proposes a new strategy for the crypto treasury industry by pairing Bitcoin with rental income from multifamily housing.

user avatarGustavo Mendoza

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.