Man Who Marketed Pablo Escobar-Branded Crypto And Flamethrower Pleads Guilty To Fraud
Pablo Escobar died in 1993, but in this 2017 picture, a woman in Medellin, Colombia, still keeps a picture of him in her wallet.
Photo by Jan Sochor/Getty Images
Olof Kyros Gustafsson, also known as (aka) “Sir Olaf Gustafsson,” aka “El Silencio,” has pleaded guilty to six federal criminal charges related to marketing and selling products, including flamethrowers and cell phones, that he never delivered. The products were based on licensing rights tied to the late Colombian drug kingpin Pablo Escobar.
Background
According to his plea agreement, Gustafsson was the CEO of Escobar Inc., a corporation registered in Puerto Rico that held successor-in-interest rights to the intellectual property—largely, name and likeness—of Pablo…
