Man agrees to plead guilty in Cruise extortion plot

A man known for brokering deals involving compromising celebrity photos and videos has agreed to plead guilty in a plot to extort more than $1 million from Tom Cruise for the actor's stolen wedding photos, according to court documents unsealed Thursday in Los Angeles.

David Hans Schmidt, 47, has agreed to plead guilty to one count of sending communications for purposes of extortion. He faces up to two years in federal prison and a $250,000 fine under a plea agreement filed Aug. 24.