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US Attorney Seeks 7-Year Sentence for Exec in Crypto Shadow Banking Case

On April 18, U.S. District Attorney Damian Williams filed a request in advance of the sentencing of Reginald Fowler which is scheduled for April 20.

Fowler, the former minority owner of the Minnesota Vikings NFL team, was originally arrested and charged with bank fraud, illegal money transfers and conspiracy connected to shadow banking practices in 2019 over his alleged operation of an unlicensed money transmitting business.

On behalf of the government, Williams is requesting a sentence of at least seven years imprisonment. However, he suggested a range of 15 to 20 years to reflect the seriousness of the offense.

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