Police Officer Pleads Guilty to Selling Stolen Bitcoin Mining Hardware
An ex-cop in New Jersey indicted last year for trying to sell stolen bitcoin mining equipment has reportedly plead guilty. Regional news service NJ.com reported today that Vincent Saggese plead guilty to official misconduct and receiving stolen property after being caught in a sting operation last year. Saggese was charged in April 2015 after attempting to sell a collection of stolen computer equipment that included mining products from KnCMiner. A 10-year veteran of the Plainfield Police Department, Saggese faces a sentence of as much as five years probation and mandatory community service.
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A former New Jersey police officer is reported to have plead guilty to attempting to sell stolen bitcoin mining hardware, according to NJ.com. Vincent Saggese, 34, is reported to have admitted to meeting an undercover agent last year where he is alleged to have tried selling computer equipment including bitcoin mining equipment from KnC Miner. A ten-year veteran of Plainfield Police Department, Saggese faces a probation period of up to five years and must serve 50 hours of community service. Bad Cops Linked to Bitcoin. This isn’t the first time, however, that police officers have gone bad....
A New Jersey police officer has been arrested and charged with receiving stolen property after allegedly selling stolen bitcoin mining equipment. According to Somerset County Prosecutor Geoffrey D Soriano, Vincent Saggese, 32, of Metuchen, NJ, met with a Somerset County Prosecutor's Office undercover detective twice and negotiated the sale of stolen KNC Miner Neptune devices. Saggese, who worked for the Plainfield Police Department for 10 years, was also charged with professional misconduct after allegedly accepting $250 from the undercover detective and agreeing to obtain the address and....
A New Jersey cop Vincent Saggesse, 32, who works for the Plainfield PD and is a member of the Union County SWAT Team, has been caught selling stolen Bitcoin mining equipment in an undercover sting operation. Somerset County Prosecutor Geoffrey Soriano revealed that the disgraced police officer met twice with an undercover agent to work out a sale agreement of the hot KnCMiner Neptune units. However, it is yet to be discovered whether the cop had a clear idea of what he was selling. Soriano also desisted from disclosing the source of the units. The dishonest law enforcement officers seem to....
A Nevada man has admitted his role in laundering funds solicited for the Bitclub Network, a $722 million fraudulent cryptocurrency scheme. He also pleaded guilty to tax offenses.
Bitclub Network Investor Pleads Guilty
The U.S. Department of Justice (DOJ) announced Thursday that Gordon Brad Beckstead, a 57-year-old from Henderson, Nevada, has pleaded guilty in connection with the Bitclub Network fraud. The announcement details:
A Nevada man today admitted his role in laundering funds solicited for Bitclub Network, a $722 million fraudulent cryptocurrency scheme.
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A Texas man, who calls himself “Doctor Bitcoin,” has pleaded guilty to running an illegal cryptocurrency exchange business, converting cash to bitcoin. He faces five years in federal prison. Crypto Exchange Operator Pleads Guilty The U.S. Department of Justice (DOJ) announced Tuesday that a Texas resident, Mark Alexander Hopkins, has pleaded guilty to “illegally operating a cash-to-cryptocurrency conversion business.” The 42-year-old man, who calls himself “Doctor Bitcoin,” pleaded guilty to one count of operation of an unlicensed money transmitting....