Key figure in NJ corruption probe pleads guilty
Lawyer Blogs
The central figure in a huge New Jersey corruption investigation pleaded guilty to federal bank fraud and money laundering charges Tuesday.
Solomon Dwek's work for the government as a cooperating witness directly led to the arrests of 44 people in July, but it was his turn in court Tuesday.
Wearing a dark suit and light blue tie, the 37-year-old Dwek stood before U.S. District Judge Jose Linares and admitted his role in a multimillion-dollar bank fraud scheme in 2006. He acknowledged depositing two $25 million checks drawn on a closed account and using them to make wire transfers to separate banks totaling nearly $23 million.
Bank fraud carries a maximum prison sentence of 30 years, and the maximum for money laundering is 10 years, but Dwek would face nine to 11 years under federal sentencing guidelines. Linares can adjust that range up or down when he sentences Dwek on Feb. 9, and the U.S. attorney's office said it may recommend a lighter sentence based on Dwek's ongoing cooperation.
Related listings
-
Judge revokes bail for NYC ex-police commissioner
Lawyer Blogs 10/20/2009A federal judge on Tuesday revoked bail for former New York City Police Commissioner Bernard Kerik and sent him to jail to await a corruption trial scheduled to start next week.Calling Kerik "a toxic combination of self-minded focus and arrogance," J...
-
Bankruptcy filing delays church sex abuse case
Lawyer Blogs 10/19/2009A sex abuse case against Delaware's Catholic Diocese of Wilmington and a former priest will be delayed after the diocese filed for federal bankruptcy protection on the eve of trial.The bankruptcy filing late Sunday delays a lawsuit that had been set ...
-
Ala. court rejects $274M verdicts in drug cases
Lawyer Blogs 10/18/2009ma Supreme Court on Friday threw out jury decisions awarding the state more than $274 million from three pharmaceutical companies, ruling they did not defraud the state in pricing Medicaid prescription drugs.The court overturned jury verdicts against...
New Rochelle, New York Personal Injury Lawyers
If you or a loved one has been injured in an accident, contact Kommer, Bave & Ollman, LLP, in New Rochelle, New York, immediately. We can answer all your questions and work with you to determine if you have the grounds for a personal injury lawsuit. The attorneys at our firm are determined to resolve even the most difficult of cases. We will work closely with you to determine the best course of action to get your claim or case resolved in the most efficient way possible. We will fight for your right to compensation! No one should have to suffer a financial burden from the result of another person’s carelessness. The attorneys at Kommer, Bave & Ollman, LLP will aggressively fight to ensure that justice is served on your behalf.