Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Two LA Deputies Charged in Civil Rights Conspiracy Tied to Jailed Crypto Mogul “The Godfather”

Two LA Deputies Charged in Civil Rights Conspiracy Tied to Jailed Crypto Mogul “The Godfather”

DeFi PlanetDeFi Planet2025/07/15 17:20
By:DeFi Planet

Two deputies from the Los Angeles County Sheriff’s Department are facing federal charges over their roles in a civil rights conspiracy connected to a jailed cryptocurrency entrepreneur known as “The Godfather.”

Two deputies from the Los Angeles County Sheriff’s Department are facing federal charges over their roles in a civil rights conspiracy connected to a jailed cryptocurrency entrepreneur known as “The Godfather.”

The U.S. Department of Justice revealed on Monday that Deputy David Anthony Rodriguez, 43, of La Verne, has pleaded guilty to conspiring against rights. Another deputy, Christopher Michael Cadman, 33, of Fullerton, faces charges of conspiracy against rights and filing a false tax return.

Former L.A. County sheriff’s deputies admit roles in crypto ‘Godfather’ operation

— Los Angeles Times (@latimes) July 15, 2025

Prosecutors allege that both men misused their badges while moonlighting as private security for off-duty clients, including Adam Iza, widely known as “The Godfather”, a 24-year-old self-styled crypto investor who operated Zort, a trading firm accused of laundering illicit funds. Iza has remained in federal custody since September 2024 and pleaded guilty earlier this year to charges of conspiracy against rights, wire fraud, and tax evasion. Iris Ramaya Au also pleaded guilty to a federal tax charge related to her involvement in his illicit financial schemes.

Court filings detail that in August 2021, Cadman and another deputy held one of Iza’s victims at gunpoint inside his Bel Air mansion, forcing the individual to transfer $25,000 to Iza’s bank account. Investigators say Cadman received at least $40,500 in cash payments from Iza, which he failed to declare on his 2021 tax filings, leaving him with approximately $11,000 in unpaid federal taxes. He faces up to 13 years in prison if convicted.

Meanwhile, Rodriguez admitted to abusing his authority for a different private security client unrelated to Iza. In July 2022, he fabricated a robbery investigation to secure a court-approved search warrant, which he used to obtain GPS data. He then shared the data with co-conspirators, including former deputy Eric Chase Saavedra, to track and intimidate a victim.

Saavedra, 42, of Chino, pleaded guilty in February to conspiracy against rights and filing a false tax return. Prosecutors allege he worked for Iza through a private security firm, leveraging his law enforcement access to run fake warrants and extract confidential data targeting Iza’s rivals. He is currently free on a $50,000 bond and awaits sentencing.

 

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

JPMorgan: Custom chip shipments will surpass GPU in 2027; Broadcom TPU's "supply chain invisibility" does not indicate questionable orders

J.P. Morgan expects that by 2027, the shipment share of ASICs/XPUs will reach 54%, surpassing GPUs, with custom chips becoming an important new driver of AI computing power. The five-year TPU agreement between Broadcom and Google covers 2026 to 2031; although supply chain information is not transparent, this does not imply doubts about the orders, and revenue visibility remains strong. During the same period, demand for wafer equipment and storage is also strengthening, supporting the continuation of the semiconductor cycle.

华尔街见闻2026/09/18 15:46

US stocks' September downturn not over yet? Citadel strategist warns: Downward pressure still exists before month-end, potential turnaround in October

Citadel Securities strategist Rubner stated that as US stocks face the $7 trillion options expiration on "triple witching day" this Friday, there is still room for quantitative strategies to sell off, and the overlap of the stock buyback blackout period and pension fund end-of-quarter rebalancing means bearish forces will prevail before the end of the month. However, with the sharp decline in AI trading mania, combined with seasonal tailwinds in the fourth quarter, earnings season catalysts, and the restart of stock buybacks, he is optimistic about the market outlook for Q4.

华尔街见闻2026/09/18 15:41