A former high-ranking lawyer at the Federal Deposit Insurance Corporation pleaded guilty Tuesday in federal court to conspiring to sexually exploit multiple children and now faces a mandatory minimum prison sentence of 15 years. "Black and his co-conspirators would covertly record this conduct and share the videos with each other," the DOJ said. Black pleaded guilty Tuesday in U.S. District Court in Alexandria, Virginia, to one count of conspiracy to produce child pornography and one count of coercion and enticement. He faces a mandatory minimum sentence of 15 years in prison and a maximum sentence of life behind bars. The FDIC said Black's criminal activity "had nothing whatsoever to do with the FDIC," and did not involve the use of agency computers or other devices.

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Persons: Mark Black, Black Organizations: Federal Deposit Insurance Corporation, Arlington Aquatic, FDIC, Justice, DOJ, CNBC, FBI, U.S . Center, SafeSport, U.S, Olympic Locations: Arlington, Virginia, Arlington ., U.S, Alexandria , Virginia