Begin forwarded message:
From: dasg...@aol.com
Date: March 19, 2009 11:08:42 PM PDT
To: ramille...@aol.com
Cc: ema...@aol.com, j...@aol.com, l...@legitgov.org,
countd...@msnbc.com, jim6...@cwnet.com
Subject: Carlyle Group "Tainted" in Payoff Scam
Cuomo: Carlyle Group "Tainted" in Payoff Scam
http://www.economicpolicyjournal.com/2009/03/cuomo-carlyle-group-tainted-in-payoff.html
New York State Attorney General Andrew Cuomo today announced the
indictment of Henry (“Hank”) Morris and David Loglisci on 123 charges
relating to a multi-mllon dollar payoff scam. They are charged with
conspiring to sell access to billions of taxpayer dollars in exchange
for millions of dollars in kickbacks and other payments for political
and personal gain.
According to the Attorney General's Office:
http://www.mondovisione.com/index.cfm?section=news&action=detail&id=81618
The indictment charges that Morris and others corrupted billions of
dollars' worth of investments from which they reaped more than $30
million in undisclosed fees, gifts, and bribes. Over twenty investment
deals were allegedly tainted by the defendants’ kickback schemes and
fraudulent self-dealing, including ... five investments involving The
Carlyle Group, one of the world’s largest private equity funds,
totaling approximately $730 million in capital commitments from the
State pension fund.
Morris and his partner obtained over $13 million in sham placement fees.
Feeling the pinch at the grocery store? Make dinner for $10 or less.
