U..S. Court of Appeals for the First Circuit says the federal government “overstepped its bounds” by using federal criminal laws to prosecute Massachusetts officials in a case of supposedly corrupt hiring. U.S. Attorney Carmen Ortiz charged probation chief John O’Brien with hiring unqualified applicants to win support for his budget.
Democrats contend that 2012 federal STOCK Act, which covers the President, applies to children of Donald Trump who may participate in a government meeting and use the information they learn to make money.
“None of the former executives I spoke with saw himself as a fraud,” writes Harvard business school Prof. Eugene Soltes writes. Said convicted Ponzi schemer Bernard Madoff: “All I did was make rich people richer and I made some rich people poorer, but not poor.”
Seventy suspects remain behind bars in investigation of Indian call centers. The Los Angeles Times detailed how callers pretended to be Internal Revenue Service agents, asking Americans to pay tax penalties on iTunes gift cards.
Bill Baroni, Bridget Anne Kelly vow to appeal jury findings that they violated the law by orchestrating traffic tieups at the George Washington Bridge to retaliate against the mayor of Ft. Lee, N.J. Baroni’s attorney said federal prosecutors should have charged more “powerful people.”
Federal prosecutions of white-collar criminals and their sentences both are rising, say new books on the subject. Their conclusions run counter to arguments by both populists and progressives that society is too tolerant of white-collar offenses.
Federal indictment says defendants posed as Internal Revenue Service, immigration agents to threaten Americans with arrest if they didn’t pay to clear fictitious deportation warrants and tax debts. The Justice Department will try to prosecute 32 suspects from India in the United States.
Employees at the bank, which has 40 million retail customers, issued debit cards without customers’ knowledge and assigned personal identification numbers without telling them, said the U.S. Consumer Financial Protection Bureau.