8legs: Michael david coberg

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#1 out of 3

crime18h ago

Coberg, a former LASD deputy, was sentenced to more than five years in federal prison for his role in a cryptocurrency extortion scheme.
Coberg pled guilty to conspiracy to commit extortion and conspiracy against rights, with restitution tied to the case.
Prosecutors said Coberg helped extort a rival and arranged an illegal drug arrest for Iza in 2021 while still a deputy.
The Justice Department said Coberg and Cadman orchestrated the traffic stop to carry out the scheme.
Coberg is among several former LASD deputies who pleaded guilty in connection with the scheme.
Adam Iza remains in custody and is expected to be sentenced in coming months.
The DOJ described Coberg as betraying his oath and abusing badge power for greed.
The case involved extortion tied to cryptocurrency interests and a rival's intimidation.
The sentencing underscores how law enforcement officers can be implicated in criminal activity.

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#2 out of 3

crime16h ago

Coberg, a former LASD deputy, was sentenced to 63 months in federal prison for extortion and civil rights conspiracy.
The scheme involved intimidation tactics, including a sham 2021 drug arrest in Paramount to harass a rival.
Coberg allegedly recruited two other LASD deputies to execute the plan, prosecutors said.
The Justice Department noted Coberg betrayed his oath, abusing the badge for personal greed.
Adam Iza, a crypto entrepreneur, pleaded guilty and is awaiting sentencing in the same case.
Coberg was ordered to pay $127,000 in restitution to victims.
The case underscores the risk of law enforcement abusing power for illicit gain, prosecutors said.
Coberg pleaded guilty in September 2025, leading to his sentencing in federal court this week.
The investigation involved a ‘Godfather’ crypto operator linked to Iza, who coordinated the extortion scheme.
The judge also pointed to Coberg’s prior role as a helicopter pilot when describing the abuse of power.

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#3 out of 3

crime12h ago

Coberg was sentenced to 63 months in prison for conspiracy to commit extortion and conspiracy against rights.
The former deputy earned at least $20,000 monthly as a private security guard for crypto mogul Adam Iza.
Iza referred to himself as 'the Godfather' and allegedly ran an illegal enterprise.
Coberg helped orchestrate a fake drug arrest to aid the scheme.
Coberg acted as an investigator and guarded the scene during extortion efforts.
Coberg separated from the sheriff’s department in September 2025.
Iza faced multiple federal charges, including conspiracy against rights, wire fraud, and tax evasion.
The case centers on alleged abuses of governmental power linked to crypto schemes.
The scheme involved extorting at least $127,000 from a victim identified by initials L.A.
The case links to Iza’s broader criminal activity including illegal crypto ventures and hacking.

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