Thread started November 20
and will continue indefinitely.
Former #Baltimore Mayor
Catherine Pugh has been indicted on 11 counts of fraud, tax evasion + conspiracy, in a corrupt scheme involving her sales of a self-published children’s book series.
2 others involved have already accepted plea deals.
Mrs. Pugh is expected to turn herself in today.
If found guilty on all charges and the maximum time given for each charge (highly unlikely) she could be given 100 years in prison.
More from @wjz
Pay to Play
The former chief executive of Brazilian petrochemical company Braskem SA (BRKM5.SA) was arrested on Wednesday in New York on charges that he took part in a scheme to pay millions of dollars in bribes to officials to secure government contracts.
Jose Carlos Grubisich was charged with conspiracy to violate a U.S. foreign corruption law and with money laundering conspiracy in a newly unsealed indictment in Brooklyn federal court.
Grubisich led Braskem from about 2002 to 2008 and went on to hold various positions with its affiliated construction company Odebrecht SA. He later became CEO of pulp maker Eldorado Brasil Celulose SA, which he left in 2017.
Grubisich and other Braskem and Odebrecht employees took part in conspiracy to divert about $250 million into a secret slush fund, which was used in part to bribe officials. The scheme ran from about 2002 to 2014, according to the indictment.
Braskem and Odebrecht agreed in 2016 to pay a combined $3.5 billion in a settlement with U.S., Brazilian and Swiss authorities to resolve bribery allegations.
The new charges and arrest of
Grubisich is for his involvement in Braskem. He covered up the scheme by falsifying the company's books and signing false certifications to the U.S. Securities and Exchange Commission.