Close Menu
Expo Masters GroupExpo Masters Group
    What's Hot

    Senate Democrats block bill to limit lawmakers’ stock trades, citing voter ID provision

    October 1, 2026

    What Could Derail AppLovin Stock?

    October 1, 2026

    Nvidia is repurchasing its own shares—what stock buybacks mean for investors

    October 1, 2026
    Expo Masters GroupExpo Masters Group
    • Business
    • Economy
    • Investing
    • Stocks
    • Best Savings Accounts
    Expo Masters GroupExpo Masters Group
    Home»Business»‘A serious betrayal of the badge’: Ex-deputy headed to prison for helping L.A. crypto ‘godfather’
    Business

    ‘A serious betrayal of the badge’: Ex-deputy headed to prison for helping L.A. crypto ‘godfather’

    October 1, 2026
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A former Los Angeles County sheriff’s deputy will spend nearly two years behind bars after admitting he weaponized his law enforcement authority to serve a self-styled cryptocurrency mogul known as the Godfather. Eric Saavedra, 42, was sentenced Monday for leading a conspiracy that involved recruiting dozens of fellow deputies to act as private security and hired muscle for Adam Iza. Through his company, Saavedra & Associates, the former detective pocketed massive sums while facilitating a campaign of intimidation and abuse against Iza’s enemies.

    The scale of the corruption was staggering, with Saavedra allegedly recruiting between 20 and 25 active deputies to provide round-the-clock protection for Iza, often earning roughly 100,000 dollars a month. Beyond simple bodyguard duties, Saavedra confessed to utilizing sensitive police databases to dox individuals and creating fraudulent search warrants to coerce victims into paying for security services. In one particularly chilling instance, Saavedra lied to secure a cell phone tracking warrant under the guise of a firearms investigation, then handed the victim’s location over to Iza, which culminated in three armed men attempting to storm the person’s home.

    During the sentencing hearing, U.S. District Judge Percy Anderson described the scheme as something that compromised both the integrity of the judiciary and the sheriff’s department. While Saavedra expressed remorse and apologized for abusing the trust associated with his badge, the court held him accountable not just for his actions but for his financial gains. Along with his prison term and nearly 100,000 dollars in restitution to the IRS, Saavedra must forfeit a lavish collection of luxury goods bought with conspiracy funds, including dozens of Louis Vuitton bags and Gucci shoes.

    The fallout from this scandal has touched numerous members of law enforcement, as Saavedra is the final deputy in this specific ring to be sentenced following others who received terms ranging from one to five years. The Los Angeles County Sheriff’s Department released a stinging statement calling the behavior a serious betrayal of the oath to serve and protect. Meanwhile, Adam Iza remains entangled in legal battles across state lines, currently serving time for kidnapping and attempted robbery in Connecticut while awaiting further sentencing in California on counts of wire fraud and tax evasion.

    Previous ArticleJudge allows Paramount to close $110 billion takeover of Warner Bros. Discovery
    Next Article Pokemon Crypto Case: Collector Faces Trial Over $55 Million Hack

    Related Posts

    Pokemon Crypto Case: Collector Faces Trial Over $55 Million Hack

    October 1, 2026

    The House | Dame Sally Powell’s Campaign For Free Home Care, In Memory Of Iain Coleman

    September 30, 2026

    Politics Home Article | Starmer Loyalists Keep Their Heads Down At Calm Party Conference

    September 30, 2026

      Subscribe to Updates

      Subscribe to our newsletter for early access to new products, exclusive deals, and exciting updates. Don't miss out! Our subscribers are always the first to hear about limited-time offers and new arrivals. Plus, you'll get sneak peeks and bonus content that adds value to your experience.

      By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

      Top Posts

      Carnegie Mellon to establish campus at Miami’s Wynwood neighborhood with $3 billion investment from Ken Griffin

      October 1, 2026

      Nvidia is repurchasing its own shares—what stock buybacks mean for investors

      October 1, 2026

      Google announces Gemini 4 Argon AI model, but you can’t use it yet

      October 1, 2026

      ExpoMastersGroup is a digital news blog covering the latest updates in crypto, global economy, and investing. We focus on clear, timely insights to help readers stay informed and understand market trends without unnecessary complexity.

      Letest News

      Senate Democrats block bill to limit lawmakers’ stock trades, citing voter ID provision

      October 1, 2026

      What Could Derail AppLovin Stock?

      October 1, 2026
      LEGAL INFORMATION
      • Terms & Conditions
      • Privacy Policy
      Copyright © 2026 expomastersgroup.com | All Rights Reserved

      Type above and press Enter to search. Press Esc to cancel.