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...targets were Ronald Reagan's former National Security Adviser John Poindexter; fired NSC Aide Oliver North; and two arms dealers, former Air Force Major General Richard Secord and Iranian-born Businessman Albert Hakim. They were charged with conspiring to defraud the U.S. by establishing and concealing a plan for illegally supporting the Nicaraguan contras. The federal grand jury also charged all four defendants with theft of Government property for siphoning off more than $17 million in proceeds from U.S. arms sales to Iran, and with wire fraud resulting from the movement of the money through Swiss bank accounts. The three...

Author: /time Magazine | Title: Conspiracy, Fraud, Theft and Cover-Up: Iranscam Indictment by Walsh | 3/28/1988 | See Source »

...Iran- contra's designated "fall guys," bore the brunt of the indictment. Piled onto the conspiracy and obstruction charges were accusations that the Marine lieutenant colonel had embezzled $4,300 worth of traveler's checks and received an illegal gratuity by accepting a $13,800 home-security system from Secord...

Author: /time Magazine | Title: Conspiracy, Fraud, Theft and Cover-Up: Iranscam Indictment by Walsh | 3/28/1988 | See Source »

DESCRIPTION: Summary of charges against Iran-contra suspects Oliver North, John Poindexter, Richard Secord and Albert Hakim; color illustrations: map of Iran backed by missiles; three men in see-no-evil, speak-no-evil, hear-no- evil pose stand at papershredder; three men holding dollar sign...

Author: /time Magazine | Title: Conspiracy, Fraud, Theft and Cover-Up: Iranscam Indictment by Walsh | 3/28/1988 | See Source »

...also the breaking of a trust, seems to rest on the shoulders not only of the men who carried out the missions, but on the men who lead that branch of government--namely the president and the vice president. For as much as the individual actions of Hakim and Secord, North and Poindexter were criminal, the policy of the Reagan administration itself should not escape condemnation. To this day, neither the president nor Vice President Bush will back off from dubbing North and Poindexter "heroes," nor will they concede that it was not Congress which had demanded ending...

Author: NO WRITER ATTRIBUTED | Title: Un-Pardonable Crime | 3/21/1988 | See Source »

...indictment, among other things, charged that North and Secord conspired to divert millions of dollars from the sale of U.S. government arms to the alleged "Enterprise...

Author: NO WRITER ATTRIBUTED | Title: North, Poindexter Among Four Indicted | 3/17/1988 | See Source »

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