Former Los Angeles County deputy gets 21 months in crypto extortion case

  • Eric Saavedra used a law-enforcement database to assist a cryptocurrency businessman’s extortion scheme.
  • Saavedra received 21 months in prison and was ordered to pay $91,000.
  • Saavedra concealed $373,100 in income from the IRS, according to the case details.

Former Los Angeles County Sheriff's Department deputy Eric Saavedra was sentenced to 21 months in prison for using a law-enforcement database to help a cryptocurrency businessman carry out an extortion scheme. He was separately ordered to pay $91,000 in restitution after concealing $373,100 in income from the IRS (U.S. tax agency).

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Former Los Angeles County deputy gets 21 months in crypto extortion case - CoinPost Terminal