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Go Back   Sports Handicapping, Betting & Picks - SBR Forum > Sports Handicapping, Picks and Game Discussion > Politics & Economics

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Old 06-06-2007, 02:28 PM   #1 (permalink)
bigboydan
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Default Rep. William Jefferson was indicted on racketeering charges

This is what are so called great U.S. goverment should be putting there focus on right now, and not offshore gambling.

Quote:


WASHINGTON - Rep. William Jefferson, D-La., was indicted Monday on federal charges of racketeering, money-laundering and soliciting more than $400,000 in bribes in connection with years of trying to broker business deals in Africa.

The charges came almost two years after investigators raided Jefferson's home in Washington and found $90,000 in cash stuffed in a box in his freezer.

The indictment in federal court in Alexandria, Va., lists 16 alleged violations with prison terms totaling as much as 235 years. Jefferson is charged with racketeering, soliciting bribes, wire fraud, money laundering, obstruction of justice and conspiracy.

Historic indictment
He is the first sitting congressman to face charges under the Foreign Corrupt Practices Act, which prohibits corporate bribery overseas. Jefferson is to be arraigned Friday in U.S. District Court in Alexandria.

Jefferson is accused of soliciting bribes from 11 different companies for himself and his family, and also of bribing a Nigerian official. The scheme was complicated and Jefferson set up a front company to hide the money, prosecutors said.

"But the essence of the charges are really very simple: Mr. Jefferson corruptly traded on his good office and on the Congress," said Chuck Rosenberg, the U.S. attorney for eastern Virginia.
http://www.msnbc.msn.com/id/19031423/
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Old 06-06-2007, 04:39 PM   #2 (permalink)
Tchocky
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90 g's in the freezer? That's never a good sign.
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