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Ex-NFL Team Owner Pleads Guilty to Running Unlicensed Money Transmitter

Claudia Rivera

Summary: Reginald Fowler intends to plead guilty on the charge of operating an unlicensed money transmission business during a court hearing. Fowler co-founded a payment processor to Crypto Capital with Ravid Yosef.  The two are accused of defrauding financial institutions on pretense of serving real-estate clients, but instead were caught storing funds on cryptocurrency exchanges. The ...

Reginald Fowler intends to plead guilty on the charge of operating an unlicensed money transmission business during a court hearing. Fowler co-founded a payment processor to Crypto Capital with Ravid Yosef. 

The two are accused of defrauding financial institutions on pretense of serving real-estate clients, but instead were caught storing funds on cryptocurrency exchanges. The Panama-based firm processed millions of dollars within the span of five years. 

By Claudia Rivera

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Link: Ex-NFL Team Owner Pleads Guilty to Running Unlicensed Money Transmitter   [Copy]
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