Word: abscam
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Dates: during 1980-1980
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...suggested that Abscam had not targeted individual public officials "just to see what they are up to, but grew instead out of investigative leads." That, he said, is "proper...
...Abscam an operation in which the FBI'S actor-agents got carried away by openly offering bribes and urging their acceptance? Justice Department attorneys admit that a few leading questions by agents might turn up on the many tapes, but they insist that the entire procedure was too closely supervised to be seriously tainted. For one thing...
...Abscam is not the only FBI operation to lead into higher levels of political corruption. TIME learned last week that another FBI sting called Brilab, for "bribery labor," had fooled the New Orleans Mafia boss, Carlos Marcello, into believing that two FBI agents actually were insurance brokers seeking a cut of the lucrative fees that they would acquire by selling health and welfare in surance contracts for state employees in Texas and Louisiana, as well as municipal workers in Houston...
...eight legislators implicated by the Abscam investigation, several have had noteworthy careers...
Questions about Williams' finances have been raised before Abscam. During his 1976 senatorial campaign, he was criticized for accepting some $28,000 from the banking and securities industries just before a Senate vote on securities legislation. Some observers feel that Williams, who has bought a Georgetown house valued at nearly $375,000, might be living beyond his means. Just last month he let it be known that he was thinking of running for Governor...