2 Federal Agents in Silk Road Case Are Charged With Fraud

Discussion in 'The Bar' started by dawg, Mar 30, 2015.

  1. dawg

    dawg In The Dog House Staff Member

    Reputations:
    540,907
    Joined:
    Aug 19, 2010
    Messages:
    119,528
    Likes Received:
    90,856
    0330silkroad01.jpg

    (Reuters) - The U.S. Justice Department announced charges on Monday against two former federal agents accused of stealing the digital currency bitcoin during the investigation of the underground drug marketplace Silk Road.

    Carl Force, a former Drug Enforcement Administration agent, and Shaun Bridges, a special agent with the Secret Service, were charged in a criminal complaint filed in San Francisco federal court with offenses including wire fraud and money laundering.

    Silk Road was an underground website where people bought drugs and other illicit goods using bitcoin digital currency. By the time authorities shut it down in October 2013, Silk Road had generated around $200 million in sales, prosecutors said.

    Authorities said it was operated by Ross Ulbricht, 30, under the alias "Dread Pirate Roberts." A federal jury in Manhattan found Ulbricht guilty in February of charges including conspiracy to commit drug trafficking and money laundering.

    Force, 46, and Bridges, 32, belonged to a Baltimore-based federal task force investigating the Silk Road. Force had a prominent role in the probe, authorities said, as he was the lead undercover agent in communication with Ulbricht.

    But prosecutors said while Force spoke with Ulbricht using an officially sanctioned alias, he also created unauthorized online personas to communicate with "Dread Pirate Roberts."

    Using those aliases, Force extorted $250,000 from Ulbricht and later offered to sell him information about the government's investigation for $100,000, the complaint said.

    Prosecutors said Force also stole $90,000 worth of bitcoins that Ulbricht paid him in under an officially sanctioned alias used for the undercover investigation.

    Authorities said Bridges, 32, meanwhile diverted to his personal account over $800,000 worth of bitcoin that he controlled during the Silk Road investigation.

    Force was arrested in Baltimore on Friday and appeared in court there on Monday. Bridges surrendered on Monday and was released after appearing in court in San Francisco.

    Joshua Dratel, Ulbricht's lawyer, in a statement on Monday said that prosecutors only revealed information about the "monumental scandal" five weeks before trial after keeping the investigation secret for nine months.

    "It is clear from this complaint that fundamentally the government's investigation of Mr. Ulbricht lacked any integrity, and was wholly and fatally compromised from the inside," Dratel said.

    Steven Levin, a lawyer for Bridges, said he maintains his innocence. Ivan Bates, Force's attorney, did not respond to a request for comment.

    http://www.reuters.com/article/2015/03/30/usa-justice-bitcoin-theft-idUSL2N0WW1IP20150330
     
    Last edited: Mar 30, 2015
  2. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

    Reputations:
    316,181
    Joined:
    Sep 8, 2010
    Messages:
    177,360
    Likes Received:
    59,346
  3. beatlejaws

    beatlejaws nowhere poster

    Reputations:
    41,611
    Joined:
    Dec 13, 2011
    Messages:
    54,144
    Likes Received:
    5,559
    [​IMG]
     
    RenchFries and DarkFriday like this.
  4. garypagetwo

    garypagetwo The Gun Gold

    Reputations:
    10,046
    Joined:
    Jun 1, 2012
    Messages:
    24,253
    Likes Received:
    17,232
    Did you ever end up buying bitcoin, I mean, buttcoins, Dawg?
     
  5. FishySausage

    FishySausage Original Nuttah VIP Gold

    Reputations:
    154,704
    Joined:
    Aug 25, 2010
    Messages:
    12,774
    Likes Received:
    21,833
    Whenever you have people in authority, you'll find people abusing it
     
    Stew Nod likes this.
  6. dawg

    dawg In The Dog House Staff Member

    Reputations:
    540,907
    Joined:
    Aug 19, 2010
    Messages:
    119,528
    Likes Received:
    90,856
    Where is Schmoopy with his silk road story? This story was for him.
     
  7. face palm

    face palm Well-Known Member

    Reputations:
    63,067
    Joined:
    May 4, 2012
    Messages:
    30,644
    Likes Received:
    8,698
    @Just Peachy i used to have bantams
    my first was a fighter :sad:
     
    Just Peachy likes this.
  8. Gas Face

    Gas Face Well-Known Member

    Reputations:
    68,098
    Joined:
    Jan 30, 2011
    Messages:
    33,292
    Likes Received:
    3,741
    You didnt hear? His dad closed up the vacuum shop. He might be looking for a job.
     
  9. dawg

    dawg In The Dog House Staff Member

    Reputations:
    540,907
    Joined:
    Aug 19, 2010
    Messages:
    119,528
    Likes Received:
    90,856
    No, i had no idea.
     
  10. garypagetwo

    garypagetwo The Gun Gold

    Reputations:
    10,046
    Joined:
    Jun 1, 2012
    Messages:
    24,253
    Likes Received:
    17,232
    You getting GTA V for pc bro???
     
  11. dawg

    dawg In The Dog House Staff Member

    Reputations:
    540,907
    Joined:
    Aug 19, 2010
    Messages:
    119,528
    Likes Received:
    90,856
    No man, had it a long time on xbox 360 and PlayStation. I'm pretty burned out on the game.
     
  12. garypagetwo

    garypagetwo The Gun Gold

    Reputations:
    10,046
    Joined:
    Jun 1, 2012
    Messages:
    24,253
    Likes Received:
    17,232
    Oh ok, that sucks. Have you ever tried online dating, by the way?
     
  13. dawg

    dawg In The Dog House Staff Member

    Reputations:
    540,907
    Joined:
    Aug 19, 2010
    Messages:
    119,528
    Likes Received:
    90,856
    No, I'm not interested in dealing with some psycho bitch.
     
  14. banksy

    banksy You wrote "I love you" in lipstick on the mirror VIP

    Reputations:
    66,871
    Joined:
    Dec 14, 2011
    Messages:
    72,366
    Likes Received:
    7,933
    What's with all the questions, whadaya writin a novel ah sumptin tsssss tsssss get it? Tssssss tssssss gah head
     
  15. garypagetwo

    garypagetwo The Gun Gold

    Reputations:
    10,046
    Joined:
    Jun 1, 2012
    Messages:
    24,253
    Likes Received:
    17,232
    what :/
    just some guy to guy talk
     
  16. Schmoopy

    Schmoopy Shit Mult Hunter

    Reputations:
    216,454
    Joined:
    Aug 25, 2010
    Messages:
    211,015
    Likes Received:
    33,726
    :facepalm:
     
  17. Schmoopy

    Schmoopy Shit Mult Hunter

    Reputations:
    216,454
    Joined:
    Aug 25, 2010
    Messages:
    211,015
    Likes Received:
    33,726
    I read that entire article.:grad:

    :echick:
     
  18. banksy

    banksy You wrote "I love you" in lipstick on the mirror VIP

    Reputations:
    66,871
    Joined:
    Dec 14, 2011
    Messages:
    72,366
    Likes Received:
    7,933
    why does he keep posting food pics? :wtf:
     
  19. Schmoopy

    Schmoopy Shit Mult Hunter

    Reputations:
    216,454
    Joined:
    Aug 25, 2010
    Messages:
    211,015
    Likes Received:
    33,726
    Because that's all he has besides talking about food, wrestling, video games and Harry Potter.
    [​IMG]
     
    banksy likes this.
  20. Just Peachy

    Just Peachy VIP Extreme Gold

    Reputations:
    278,084
    Joined:
    Jan 15, 2012
    Messages:
    54,635
    Likes Received:
    25,616