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...criminal prosecutions might grow out of the Iran-contra affair? The answer can be found in Title 18, Section 371 of the U.S. Code. In exceptionally sweeping language, that statute declares: "If two or more persons conspire either to commit any offense against the United States, or to defraud the United States, or any agency thereof in any manner or for any purpose . . . each shall be fined not more than $10,000 or imprisoned not more than five years, or both...

Author: /time Magazine | Title: Conspiracy Theories | 5/25/1987 | See Source »

...formed a relationship with Edwin Wilson, the CIA operative turned arms merchant now serving 52 years in federal prison for illegally selling arms to Libya. Secord's career stalled in 1982, when he came under investigation by a federal grand jury for allegedly conspiring with Wilson and others to defraud the U.S. Government of $8 million on an Egyptian arms-shipping contract. He was suspended from duty for a short time, although he was never indicted; he was reinstated with the approval of then Deputy Defense Secretary Frank Carlucci, now the National Security Adviser. He left the Air Force...

Author: /time Magazine | Title: A Man of Many Talents | 5/11/1987 | See Source »

...explosive this investigation could be was revealed last week, when Independent Counsel Lawrence Walsh secured the scandal's first guilty plea, one that led uncomfortably close to the Oval Office. Conservative Fund Raiser Carl ("Spitz") Channell admitted he had conspired to defraud the Government by using a tax-exempt "charitable" foundation to send military supplies to the contras. He named former National Security Council Aide Lieut. Colonel Oliver North as his "co-conspirator." North had not only helped persuade donors to give to Channell but had also successfully urged Ronald Reagan to thank many...

Author: /time Magazine | Title: Hints Of Conspiracy | 5/11/1987 | See Source »

...Rope begins with a brutal murder performed by two homoerotic psychopaths. Dead of Winter could be the events leading up to that crime. Dr. Lewis (Jan Rubes) is an elderly psychiatrist; Mr. Murray (Roddy McDowall) is his aide-de-camp in blackmailing. As part of their scheme to defraud a wealthy ( woman, they hire an actress, Katie McGovern (Mary Steenburgen), to impersonate the woman's dead sister. Katie doesn't realize she is taping a video ransom note. Ever conscientious, she tells her sly captors, "I'm gonna take a beat after the line 'There was blood everywhere...

Author: /time Magazine | Title: Cinema: The Ghost of Alfred Hitchcock | 2/16/1987 | See Source »

Beggs and three General Dynamics executives were charged with conspiring to defraud the Government by improperly billing some $7.5 million while producing the DIVAD, a prototype for a gun designed to protect troops from air attack. The weapon later became known as the Sergeant York when a contract to make it was awarded to Ford Aerospace in 1981. The Sergeant York turned into a misbegotten project that was finally scrapped four months ago, after $1.8 billion had been spent on development...

Author: /time Magazine | Title: An Unexpected Fall From Grace | 12/16/1985 | See Source »

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