Posted on 11/29/2005 3:50:13 PM PST by Libloather
Politically connected consultant gets 12 months
The Associated Press
November 29. 2005 4:52PM
Raymond Reggie, a media consultant and son of a politically prominent former Louisiana judge, was sentenced Tuesday to 12 months in prison for bank fraud.
Reggie pleaded guilty earlier this year to one count of bank fraud and one count of bank fraud conspiracy involving a scheme to cheat banks in Baton Rouge and New Orleans.
U.S. District Judge Carl Barbier gave Reggie 12 months on each charge, and ordered the sentences to be served at the same time. Reggies also was ordered to serve three years of supervised release after his prison term and pay $6.5 million in restitution.
Prosecutors alleged that Reggie made cross-deposits in Union Planters and Whitney Bank to inflate his reported holdings and then filed for $6 million in loans.
The offense took place in 1999, prosecutors said.
Reggie is the son of Edmund Reggie, a former judge and longtime friend of former Gov. Edwin Edwards. The younger Reggie's sister, Victoria, is married to U.S. Sen. Edward Kennedy, D-Mass.
The younger Reggie has a media consulting firm, Media Direct LLC. As a political consultant, Raymond Reggie has worked on the campaigns of several well-known Democrats, including President Bill Clinton and U.S. Sen. Hillary Clinton, and the presidential campaign of former Vice President Al Gore. He also worked on a campaign for former New Orleans Mayor Marc Morial.
The elder Reggie has had legal problems of his own. He was convicted in 1992 of misapplying funds of now-closed Acadia Savings and Loan of Crowley, and in 1993 he pleaded no contest to misapplying $425,000 in the form of a loan by Acadia Savings. He served 120 consecutive days of home detention and paid a $30,000 fine.
Indictments Mount for Hillary Aides
Sunday, May 15, 2005 4:55 p.m. EDT
A mounting number of aides, advisers and fund-raisers for New York Sen. Hillary Clinton have faced criminal prosecution in recent months, conjuring up memories of her ethically challenged past just as Democrats begin to focus on the former first lady as their probable 2008 presidential nominee.
Though press coverage of the trial of Sen. Clinton's finance director, David Rosen, was sparse last week, the case has brought attention to the prosecutions of at least three more Clinton fund-raisers.
And that's on top of the plea bargain reached with the Justice Department in March by a senior foreign policy adviser to the former first lady. Five members of Mrs. Clinton's inner circle now face indictment or trial, or have pleaded guilty to an array or crimes, with the news of the prosecutorial deluge emerging in just the last few months.
David Rosen, who served as Mrs. Clinton's finance director, is currently on trial in Los Angeles on charges that he cooked the books for her 2000 Senate campaign. If convicted on the three counts of fraud cited in his indictment, Rosen faces 15 years in jail and/or $250,000 in fines.
James Levin, who was a top fund-raiser for Mr. and Mrs. Clinton and served as the White House liaison for other fund-raisers during Mrs. Clinton's 2000 Senate race, revealed on Thursday that he was cooperating with prosecutors in Rosen's case after being accused of defrauding the Chicago public school system.
Raymond Reggie, who helped raise $100,000 for Mrs. Clinton 2000 Senate campaign, was indicted in April on bank fraud and conspiracy charges. In exchange for leniency, Reggie agreed to tape-record Clinton campaign insiders about illicit fund-raising activities. He faces up to five years in jail and fines.
Aaron Tonken, who helped organize several fund-raisers for Mrs. Clinton that collected over $1.5 million, agreed in 2002 to cooperate with the FBI investigation into her Senate campaign.
Called "my good friend" by Mrs. Clinton in a video Tonken used to impress celebrities, the key witness lavished gifts on aides to the former first lady and visited the White House seven times in 2000 alone. Mr. Tonken is currently serving a 63-month jail sentence. The Justice Department has yet to release other details of his plea arrangement.
Sandy Berger, who served as Mr. Clinton's national security adviser and who continues to advise Mrs. Clinton, pleaded guilty in April to the theft and destruction of top secret documents related to the 9/11 Commission investigation. Because of the political sensitivity of Berger's crime, he was let off with a $10,000 fine and a three-year suspension of his security clearance.
As recently as February, Berger was advising Mrs. Clinton, with the New York Times revealing that he helped her prepare an address to a national security conference in Germany.
Since taking office, Sen. Clinton's star had been on the rise, with Democrats encouraged over polls suggesting she had shed her reputation for ethical controversy. But the renewed swirl of scandal, punctuated by one indictment after another, "has some top party bosses feeling nervous," the U.K. Observer reported on Sunday.
"This sort of thing just serves to remind people of the Nineties scandals like Whitewater and the Monica Lewinsky affair," University of California political scientist Shaun Bowler told the paper.
Bowler added, "Some Democrats have short memories - but I don't think that a lot of American voters do."
Yes and it's up to the bloggers to make sure the vast number of people don't forget. AND THEY ARE RAISING SO MUCH HELL ABOUT CHENY'S MAN WHO DIDN'T DO ANYTHING HOW THAT THE FACTS ARE OUT.
Yes and it's up to the bloggers to make sure the vast number of people don't forget. AND THEY ARE RAISING SO MUCH HELL ABOUT CHENY'S MAN WHO DIDN'T DO ANYTHING NOW THAT THE FACTS ARE OUT.
Raymond Reggie, who helped raise $100,000 for Mrs. Clinton 2000 Senate campaign, was indicted in April on bank fraud and conspiracy charges. In exchange for leniency, Reggie agreed to tape-record Clinton campaign insiders about illicit fund-raising activities. He faces up to five years in jail and fines.
Hope to hear more from these tapes!
They must have run out of room or paper. There's no mention of PETER PAULS CASE AGAINST HILLARY CLINTON.
I'm curious...Is serving two concurrent 12 month sentences more difficult than serving a single 12 month sentence?
"They must have run out of room or paper."
That's because they (AP) are associated with the democratic party.
OK, now when are the Clintons going to pay for their lawlessness?
Film at 11....NOT!
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