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Zort Inc. Founder 'The Godfather' Adam Iza Accused of Paying LA Deputies $280K Monthly in Extortion Scheme

Sep 27, 2024, 10:24 AM

Adam Iza, known as 'The Godfather' and founder of the cryptocurrency trading platform Zort, Inc., has been accused of bribing Los Angeles County Sheriff's deputies to illegally access police data and extort a victim for cryptocurrency. According to federal allegations, Iza paid three deputies tens of thousands of dollars, amounting to $280,000 a month, for bogus search warrants and sensitive information. The FBI is reportedly investigating the scheme, which involved using law enforcement to perform unlawful searches, arrests, and aid in various crypto robberies and extortion schemes.