A Los Angeles County sheriff’s deputy and a cryptocurrency businessman who dubbed himself “The Godfather” have agreed to plead guilty to tax evasion and other federal crimes.
The U.S. Attorney’s Office for the Central District of California says Adam Iza, the founder of the crypto trading platform Zort, also known as “The Godfather,” is expected to enter a guilty plea for crimes related to extorting money from victims in Los Angeles.
Iza, who has been in federal custody since September 2024, is charged with conspiracy against rights, wire fraud and tax evasion.
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Also agreeing to plead guilty is Iza’s alleged accomplice Eric Saavedra, an LASD deputy and a former federal task force officer. Saavedra intends to plead guilty to charges of conspiracy against rights and
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