Woman pleads guilty in $1.2 billion plot targeting Wes Edens, co-owner of the Milwaukee Bucks and Aston Villa, and co-founder of Fortress Investment

A woman who prosecutors say used LinkedIn to find wealthy men pleaded guilty Tuesday in Manhattan federal court to fraud tied to a plot to extort more than $1.2 billion from Fortress Investment Group co-founder Wes Edens. “I deeply regret engaging in this conduct, and I knew that my conduct was wrong, and I accept responsibility for it,” Changli “Sophia” Luo told U.S. District Judge Margaret Garnett, according to a court transcript viewed by Bloomberg . She faces up to 20 years in prison at sentencing in February. A trial had originally been set to start on Nov.

Source: Fortune Crypto