Two Canadian brothers plead guilty to Bitcoin scheme that duped Gresham woman out of mor…

Two Canadian brothers on Monday pleaded guilty to duping an Oregonian woman out of more than $140,000 worth of bitcoin currency.

Jagroop Singh Khatkar, 24, surrendered to federal authorities for the negotiated plea agreement and appeared together with his brother, Karanjit Singh Khatkhar, 23, before U.S. District Judge Michael H. Simon in federal court in Portland.

The brothers, of Surrey, British Columbia, each pleaded guilty to conspiring to commit wire fraud and money laundering.

Under the plea agreement, the government will recommend each serve two years in prison when sentenced on March 17.

Karanjit Khatkar lost his job with Fluor Corp. in Canada as an associate design engineering specialist about a month after his arrest on July 18, according to court records.

FBI agents arrested him at McCarran International Airport in Las Vegas after he arrived there from Canada. He was then returned to Oregon to face indictment.

The older brother didn’t turn himself in until Monday.

The two…