U.S. authorities are uncovering a deeply disturbing case. Two deputies from the Los Angeles County Sheriff's Department (LASD) face charges in connection with a conspiracy linked to imprisoned crypto entrepreneur Adam Iza — a man who calls himself the “Crypto Godfather.”
Law Enforcement or Mob Tactics?
Adam Iza, founder of the crypto platform Zort, has been in federal custody since last year. He previously pleaded guilty to wire fraud, tax evasion, and civil rights violations. Now, investigators say he secured "protection" from real law enforcement officers — who allegedly offered services more akin to organized crime than public safety.
Christopher Cadman, one of the charged deputies, reportedly worked directly with Iza. In 2021, he allegedly took part in an armed confrontation at Iza’s Bel Air residence, forcing a victim to transfer $25,000. Cadman later helped organize a staged traffic stop to further intimidate the same individual.
The second officer, David Rodriguez, is accused of lying to a judge in order to obtain a fraudulent search warrant. According to prosecutors, his actual intent was to track and locate a person seen as a threat to Iza.
A Network of Bribes and Power Abuse
Investigators describe a wider web of corruption spanning multiple security agencies. Another man — Eric Saavedra, a former federal task force officer — has already pled guilty to conspiracy. All three men allegedly acted as “private security” while exploiting their real-world law enforcement powers off-duty.
Cadman received at least $40,500 in cash from Iza, according to prosecutors — none of which was declared in his 2021 tax return. As part of the broader scheme, authorities say hundreds of thousands of dollars were funneled to law enforcement contacts, including LAPD officers. Iza reportedly posed as an FBI agent to appear more credible during these operations.
Luxury, Crypto, and Dirty Profits
The case gained momentum after a confession from Iza’s former girlfriend, Iris Ramaya Au. She admitted to helping conceal over $2.6 million in revenue from Iza’s operations. The couple reportedly spent around $10 million on luxury goods while generating crypto profits of over $16 million.
Rodriguez is set to be sentenced on November 10 and faces up to 10 years in prison. Saavedra has been released on $50,000 bail and awaits sentencing in the coming months. Prosecutors have not ruled out additional arrests — suggesting Iza’s network may be larger than previously thought.
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