A former minority owner of the National Football League’s Minnesota Vikings should spend seven years behind bars and forfeit more than $740 million after admitting he helped cryptocurrency exchanges avoid money-laundering rules, prosecutors told a federal judge in New York.
Reginald Fowler, 64, an Arizona businessman who was part of a group of investors that bought the Vikings in 2005, pleaded guilty in April 2022 to five counts, including wire and bank fraud and conspiracy to operate an unlicensed money transmitting business. He is scheduled to be sentenced Thursday by US District Judge Andrew L. Carter Jr. in Manhattan.
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