It appears that justice really is happening for some. The FBI is on the case.

This information is made public directly from the US FBI website and it’s use here is for public information.

Some people are saying that the FBI does nothing to bring justice to the elite or CEOs that are truly corrupt, not so as you can read here and on their website. Next time you say they do nothing, remember we are all human beings and are tempted by corruption. That means anyone can become corrupted by greed and for many other reasons, no matter their professions. Don’t blame those agents or officers that truly are good and are actually doing their jobs. They deserve and need our support.

We are good Americans and they are too. There is good and bad in every profession and walk of life and that is our true reality in life and it is not just in America, it is Worldwide.

US Federal law Enforcement Agencies, City, County and State Law Enforcement Agencies and such

are not the cause of a few bad guys within them. The authors opinion.

___________________________________________________________________________________________

Crooked CEO Gets 50 Years
Stole $215 Million from Investors

02/15/2013

He was a successful CEO of his own futures brokerage firm and a respected member of his community, creating jobs and supporting local charities.

Or so it seemed. For years, Russell Wasendorf, Sr.—as Acting U.S. Attorney Sean R. Berry of the Northern District of Iowa recently put it—was really a “con man who built a business on smoke and mirrors.”

It all fell apart in July 2012 when Wasendorf—after an unsuccessful suicide attempt—admitted stealing millions from more than 13,000 investors who had entrusted their hard-earned money to him and his company, the now bankrupt Peregrine Financial Group (PFG), based in Cedar Falls, Iowa. Last month, Wasendorf was sentenced by a federal judge to 50 years in prison—the maximum sentence allowed by law—and ordered to pay restitution to his victims.

Read the rest of this story here:

http://www.fbi.gov/news/stories/2013/february/crooked-ceo-gets-50-years/crooked-ceo-gets-50-years

Hefty Federal Sentences
for Financial Fraudsters

Russell Wasendorf, Sr.’s 50-year sentence was based on a variety of factors, including the amount of financial loss, the sophisticated means used to execute the fraud, and the large number of victims. But he’s not the only subject of an FBI financial fraud case to end up with an extraordinarily lengthy prison sentence. Here are a few more examples:

- Bernard Madoff—150 Years: Founder of Bernard L. Madoff Investment Securities, LLC, he engineered a Ponzi scheme that resulted in billions of dollars of losses to thousands of investors. The federal judge who sentenced him said that Madoff’s “fraud was staggering.” New York press release

- Allen Stanford—110 Years: Chairman of the board of Stanford International Bank, he orchestrated a 20-year investment fraud scheme that helped him steal $7 billion to finance his personal businesses. Speaking at his sentencing on behalf of those he defrauded, a woman told Stanford that “many of the victims had lived the proverbial American dream, only to have it snatched away from them in the name of greed.” Houston press release

- Thomas Petters—50 Years: Petters stole billions of dollars in money and property by inducing investors to provide his company with funds to purchase merchandise that was to be resold to retailers at a profit. Of course, no such purchases were made. Then-Minneapolis Special Agent in Charge Ralph Boelter said he hoped that Petters’ “appropriate” 50-year sentence “will serve as an effective deterrent to those similarly inclined.” Minneapolis press release

Information

Also I found this one below on:  http://www.justice.gov/usao/nys/pressreleases/March13/LernerDennisPleaPR.php

Preet Bharara, the United States Attorney for the Southern District of New York, announced that DENNIS LERNER, a former employee of the Internal Revenue Service (“IRS”), pled guilty yesterday in Manhattan federal court to violating a criminal conflict of interest law and to illegally disclosing confidential audit information during the time he was an IRS employee. LERNER was arrested in September 2012. He pled guilty before U.S. District Judge John F. Keenan.

Manhattan U.S. Attorney Preet Bharara said: “Dennis Lerner betrayed the trust put in him as a public servant by parlaying his position at the IRS into a high-powered job at a bank he was auditing through a scheme that may now land him in prison. We will not tolerate corrupt government employees and will prosecute and punish them to the full extent of the law.”