Reginald Fowler, a former minority owner of National Football League (NFL) team Minnesota Vikings, pleaded guilty to fraud charges in connection with his work for Crypto Capital.
According to the U.S. Attorney’s Office for the Southern District of New York, Fowler pleaded guilty to one count of bank fraud, one count of conspiracy to commit bank fraud, and one count of wire fraud.
He also pleaded guilty to one count of operating an unlicensed money transmitting business and one count of conspiracy to operate an unlicensed money transmitting business.
Fowler could spend the rest of his life in prison since his criminal offenses carry a total maximum sentence of 90 years in prison. U.S. District Judge Andrew Carter will determine his sentence.
Indictments against Reginald Fowler and his co-conspirators
According to the allegations in the indictment, the superseding indictment, the plea statements, and other court documents, Fowler established Global Trading Solutions LLC (GTS) in or around February 2018 and started working with Crypto Capital and other related companies.