Ex-Deutsche Bank investment banker pleads guilty to crypto fraud

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WASHINGTON, Sept 20 ― A former Deutsche Bank investment banker, who was charged in April with misappropriating funds from investors he wooed with promises of big returns from...

WASHINGTON, Sept 20 ― A former Deutsche Bank investment banker, who was charged in April with misappropriating funds from investors he wooed with promises of big returns from cryptocurrency trading, pleaded guilty yesterday, the US Justice Department said.

“Russell leveraged investor interest in cryptocurrency markets to perpetrate a scheme to defraud clients who trusted him,” said United States Attorney Breon Peace.

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