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- Is Trump’s “Foreclosure King” in Over His Head?
- FBI Arrests NCAA Basketball Coaches and Adidas Rep in Bribery Probe Involving Recruitment
- Equifax CEO Steps Down Amid Hacking Scandal
- Litigation Costs to Rub Salt in RBS Investor Wounds
- RIAs Poised to Land Wirehouse Recruits - Dan Jamieson
- Citibank and U.K. Affiliate to Pay $550K Penalty for Swap Data Reporting Violations - CFTC
- AIG to Restructure into 3 New Units, Marking CEO's First Big Move
- Accounting Firm Deloitte Says It Suffered Cyberattack (subsc reqd)
- Upcoming FINRA Board Meeting and FINRA360 Update
- Elizabeth Warren Lifts Hold on Trump DOJ Antitrust Nominee
- Bigger Mergers Narrow Indy Reps' Options, Alter IBD Channel - Dan Jamieson
- Dentons to Merge with U.K.'s Murray & Spens
- BigLaw Hogan Lovells Announces Hundreds of Buyouts, Layoffs - Almost 500 Affected
- Faith-Based Advisor Censured for Selling Class A Shares to Clergy
- After FINRA Bar, CFP Board Suspends Texas Advisor
- iCapital Network to Acquire U.S. Private Equity Access Fund Platform from Deutsche Bank
- Deutsche Bank ‘Beyond Repair’ as Trading Drops - Autonomous Research
- Guggenheim Partners CEO Might Step Down
- Wachovia Customer Sues Wells Fargo Over FundSource Losses - Bill Singer
- Credit Downgrade for Wells Fargo Due to Fake Account Scandal
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NEWSLETTERS & ALERTS
Twice Elected D.A. Took Bribes – Grand Jury
[Photo: by Tom MacDonald/WHYY; newsworks.org]
It would be a shame if his errant ways become an excuse for keeping future qualified minority candidates from being elected to public office.
Reuters news reports that Philadelphia District Attorney Seth Williams was charged with accepting cash, vacations, a car and other gifts over a 5-year period, in exchange for favors. The twice-elected official, who’s only 50 and who was earning $170,000/year, essentially threw his life away for just $54,000.
While Williams’ attorney said his client “vehemently denies that he ever compromised any investigation, case or law enforcement function,” a federal grand jury found enough evidence to indict him on 23 counts that formed the basis for a pattern of illegal behavior.
Before facing criminal charges, Williams agreed 2 months ago to pay $62,000 in civil penalties to end an investigation by the Philadelphia ethics board into his failure to disclose gifts. And last month, he announced that he would not seek a 3rd term in office.
Williams is the first African-American elected as a district attorney in Pennsylvania.