The New York Times has an update on the Blago the Clown tale:By MONICA DAVEY and SUSAN SAULNY. Published: April 2, 2009CHICAGO — Rod R. Blagojevich, the ousted governor of Illinois, used his chance to fill the Senate seat vacated by Barack Obama as one more money-making plot in a vast racketeering scheme, federal prosecutors said Thursday, an operation they described as the “Blagojevich Enterprise.” In a 19-count indictment, prosecutors said the “primary purpose of the Blagojevich Enterprise was to exercise and preserve power over the government of the State of Illinois for the financial and political benefit of” Mr.
Posts Tagged ‘Felonies’
Blagojevich Charged With 16 Corruption Felonies
April 3rd, 2009 
Before You Invest 
Posted in Finance Fraud 
Tags: Barack Obama, Blago, Chiefs Of Staff, Clown Story, Count Indictment, Disney World In Florida, False Statements, Federal Agents, Federal Prosecutors, Felonies, Financial Gain, Government Work, Governor Of Illinois, Monica Davey, New York Times, Senate Seat, State Commissions, Term Democrat, Walt Disney World, Wire Fraud 
No Comments »Satyam Computer Services,Indias Enron Satyam’s chairman, Ramalinga Raju arrested
January 10th, 2009 Before You Invest Satyam Computer Services, an outsourcing company that serves more than a third of the Fortune 500, had been significantly inflating its earnings and assets for years. According to the Satyam’s chairman, Ramalinga Raju, more than $1 billion in cash and bank loans the company listed in assets were simply nonexistent.
Posted in Finance Fraud Tags: American Spirit, Bank Loans, Ceos, College Savings, Enron Collapse, Exploits, Felonies, Fortune 500, Frauds, General Electric, General Motors, Indias, Madoff, Offshore Accounts, Outsourcing Company, Quality Of Service, Ramalinga, Satyam Computer Services, Slap In The Face, White Collar Crime Comments Off
