Alabama, Pinellas Park men face prison in digital NFT scam

Federal authorities say the two men, one who was convicted and one who pleaded guilty, schemed to defraud investors.

By Louis Llovio
| 3:20 p.m. November 1, 2024
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Tampa Bay-Lakeland

A 21-year-old Alabama man has been convicted in Tampa for money laundering and conspiracy to commit wire fraud in a case centered on NFTs (non-fungible tokens).

Berman Jerry Nowlin Jr. faces a maximum of five years in prison when he is sentenced Jan. 23. His co-conspirator, 25-year-old Pinellas Park resident Devin Alan Rhoden, pleaded guilty in May and is scheduled to be sentenced Nov. 20.

According to a statement from the U.S. Department of Justice, here is what happened: