Word: fraud
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Dates: during 1970-1979
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...spreading scourge of kickbacks. After a year-long federal grand jury investigation, 19 U.S. and foreign airlines (including Pan Am) last week offered to plead no contest to charges that they had given illegal kickbacks to travel agents. Last week as well, financially straitened W.T. Grant Co. filed civil fraud charges in New York federal court against three of its executives -including John A. Christensen, a $72,000-a-year vice president-alleging that they had accepted bribes from an Atlanta-based real estate developer to lease inferior sites for shopping centers at inflated rates. According to the complaint...
...Thompson was well aware that such cases often present complicated proof problems. Bribery, conflict-of-interest and conspiracy prosecutions usually contain gray areas easily exploited by defense attorneys. Then Samuel Skinner, now Thompson's chief deputy, came across a 1941 case in Louisiana in which a federal mail-fraud statute was used to prosecute former associates of Huey Long. The defendants had happened to use the mail in the collection of inflated fees for a bond deal. Thompson's men looked closely and with growing delight. The law provided a maximum sentence of $1,000 and five years...
...Congress who wrote the basic language in 1909 had bad checks and phony mail-order offers in mind, but Thompson's staff concluded that people could be defrauded out of their "right to honest government" as well. Trial and appeal courts agreed, as Thompson proceeded to use mail-fraud charges in the successful prosecutions of former Illinois Governor Otto Kerner, four Chicago aldermen, the former clerk of Cook County, Mayor Richard Daley's former press secretary and others...
...bureau of consumer affairs are planning a joint probe of Los Angeles nursing homes and hope to publish a consumer's guide to care facilities for the elderly. A federal investigation now under way in New Jersey led to the indictment of one nursing-home operator for fraud; a grand jury was expected to hand up similar indictments against others. In New York, the state health department moved to close 62 of the state's homes for fire-safety violations...
...return for control of its board and operating capital, the college thought it had found a savior and tentatively agreed to the deal. But soon $105,000 in foundation checks to the college bounced, and-for the first time-it was discovered that Lowther had been convicted of stock fraud in 1970. Prescott officials called the Illinois attorney general's office, and on Dec. 18 the college suspended operations...