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Two Los Angeles Sheriff’s Deputies Plead Guilty in Crypto ‘Godfather’ Conspiracy

Their pleas expose a scheme where fabricated warrants fueled off-duty security operations to extort targets for cryptocurrency mogul Adam Iza.

A Los Angeles County Sheriff’s Department SUV is pictured.

Overview

  • David Anthony Rodriguez pleaded guilty July 14 to one count of conspiracy against rights for lying to obtain a search warrant that tracked a victim’s GPS location for a private security client.
  • Christopher Michael Cadman agreed to plead guilty to conspiracy against rights and subscribing to a false tax return after he admitted fabricating warrants and failing to report more than $40,500 in illicit income from off-duty security work.
  • Both deputies were employed by Adam Iza, the self-styled “Godfather” of cryptocurrency who pleaded guilty in January to conspiracy against rights, wire fraud and tax evasion.
  • Prosecutors allege the deputies used gunpoint threats and staged traffic stops to coerce victims into payments and shared warrant-obtained data with co-conspirators.
  • Rodriguez and Cadman await sentencing hearings later this year as the FBI and IRS Criminal Investigation continue probing the wider network of off-duty LASD deputies and private security operations.