Tag Archives: money laundering

617-27-054

From NPR:

Bernard Madoff has gone from a $7 million penthouse to a tiny jail cell in Manhattan. Madoff pleaded guilty in federal court Thursday, but implicated no one but himself. Investigators continue to pore over records, trying to figure out, among other things, who helped Madoff engineer the $64 billion fraud that may be the largest in U.S. history. Madoff will be sentenced on June 16.

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CIA or IOU?

From Pro Publica:

A judge wrapped up one of the most sordid and sprawling congressional scandals in American history Thursday when he sentenced Kyle “Dusty” Dustin Foggo, formerly the No. 3 official at the CIA, to just over three years in federal prison for defrauding the government.

Foggo is one of eight people who have pleaded guilty or been convicted — and now sentenced — in a scandal that emanated from the bribery spree of former Rep. Randy “Duke” Cunningham, who has the distinction of being the most corrupt congressman ever caught, at least in terms of the amount of bribes he admitted to taking –- more than $2.4 million.

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Filed under CIA, Congress, Corruption, Duke Cunningham, humor, Jack Abramoff, movies, parody, politics, Republicans, Scandals, snark, television, Wordpress Political Blogs