Ex-Deutsche Bank Banker Will Plead Guilty to Crypto Fraud
- Rashawn Russell promised ‘guaranteed’ returns, US alleged
- His next Brooklyn court appearance is ‘change of plea’ hearing
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Former Deutsche Bank investment banker Rashawn Russell, who has denied defrauding investors in a cryptocurrency fraud, appears ready to change his mind and plead guilty to fraud charges, court records show.
Russell was indicted in April by federal prosecutors in Brooklyn, New York, accused of duping investors by promising them “guaranteed returns.”