2 of the biggest fraudsters in US history pardoned by one Joe Biden

[Votto]

President Joe Biden commutes sentences for two of Chicago area’s most notorious fraudsters

President Joe Biden on Thursday commuted the sentences of two of the Chicago area’s most notorious fraudsters: former Dixon Comptroller Rita Crundwell, who embezzled nearly $54 million from the tiny town to fund a lavish lifestyle, and Eric Bloom, the onetime leader of a Northbrook management...

www.yahoo.com

More people Joe can relate to I reckon.

President Joe Biden on Thursday commuted the sentences of two of the Chicago area’s most notorious fraudsters: former Dixon Comptroller Rita Crundwell, who embezzled nearly $54 million from the tiny town to fund a lavish lifestyle, and Eric Bloom, the onetime leader of a Northbrook management firm who defrauded investors of more than $665 million.

The decisions in the clemency petitions for Crundwell and Bloom were announced by the White House as part of a massive list of some 39 pardons and 1,499 commutations. Biden’s orders do not wipe out their felony convictions, but end their sentences immediately.

The White House said the commutations were for people released from prison and placed on home confinement during the coronavirus pandemic.

Crundwell, 71, pleaded guilty in 2012 to what authorities then called the largest municipal fraud in the country’s history, admitting she stole $53.7 million from the city over more than a decade and used the money to finance her quarter horse business and lavish lifestyle.

She was sentenced in 2013 to nearly 20 years in federal prison. In April 2020, Crundwell had petitioned a federal judge for early compassionate release based on her poor health and the COVID-19 pandemic.

“I have done everything in my power to be a ‘model inmate.’ To work as hard as I can and have never complained about my conditions here or the pay we receive,” Crundwell wrote. “There is never a day that goes by, I do not regret my crime.”

She’d served about eight years behind bars before being released in 2021 to a halfway house in Downers Grove, U.S. Bureau of Prisons records show. Crundwell would have completed her sentence in October 2028.

Bloom, meanwhile, the onetime head of Sentinel Management Group, was convicted by a jury in 2012 in what was billed by prosecutors at the time as the largest single financial fraud in the history of Chicago’s federal court.

Prosecutors alleged that as head of Sentinel, Bloom secretly began exposing his well-heeled customers to an increasingly risky mix of leveraged deals in 2003, leading to the company’s collapse four years later.

 

[ColonelAngus]

Aww. Poor baby.

I wonder how many people suffered from her embezzlement.

Wow. That one is gross.

 

[Votto]

Aww. Poor baby.

I wonder how many people suffered from her embezzlement.

Wow. That one is gross.

Who cares how many suffered?

How many suffered under the Joe Biden economy?

Again, no one cares.

 

[para bellum]

I remember the Crundwell case.

She had a lavish home and ranch, a horse breeding business, show horses, she traveled all around to shows hobnobbing with the wealthy, it was all funded by ripping off the people in her small town.

 

[Freedomisneverfree]

Is anyone going to pardon Joe for his crimes?

 

[DonGlock26]

Birds of a feather.

 

[Crepitus]

More people Joe can relate to I reckon.

So that's why tRump pardoned the elder Kushner?

 

[Crepitus]

Is anyone going to pardon Joe for his crimes?

He would need to commit some first.

 

[Rambunctious]

 

[DakotaKai_fan20]

They will do it again and be in prison once again.

 

[White 6]

President Joe Biden commutes sentences for two of Chicago area’s most notorious fraudsters

President Joe Biden on Thursday commuted the sentences of two of the Chicago area’s most notorious fraudsters: former Dixon Comptroller Rita Crundwell, who embezzled nearly $54 million from the tiny town to fund a lavish lifestyle, and Eric Bloom, the onetime leader of a Northbrook management...

www.yahoo.com

More people Joe can relate to I reckon.

President Joe Biden on Thursday commuted the sentences of two of the Chicago area’s most notorious fraudsters: former Dixon Comptroller Rita Crundwell, who embezzled nearly $54 million from the tiny town to fund a lavish lifestyle, and Eric Bloom, the onetime leader of a Northbrook management firm who defrauded investors of more than $665 million.

The decisions in the clemency petitions for Crundwell and Bloom were announced by the White House as part of a massive list of some 39 pardons and 1,499 commutations. Biden’s orders do not wipe out their felony convictions, but end their sentences immediately.

The White House said the commutations were for people released from prison and placed on home confinement during the coronavirus pandemic.

Crundwell, 71, pleaded guilty in 2012 to what authorities then called the largest municipal fraud in the country’s history, admitting she stole $53.7 million from the city over more than a decade and used the money to finance her quarter horse business and lavish lifestyle.

She was sentenced in 2013 to nearly 20 years in federal prison. In April 2020, Crundwell had petitioned a federal judge for early compassionate release based on her poor health and the COVID-19 pandemic.

“I have done everything in my power to be a ‘model inmate.’ To work as hard as I can and have never complained about my conditions here or the pay we receive,” Crundwell wrote. “There is never a day that goes by, I do not regret my crime.”

She’d served about eight years behind bars before being released in 2021 to a halfway house in Downers Grove, U.S. Bureau of Prisons records show. Crundwell would have completed her sentence in October 2028.

Bloom, meanwhile, the onetime head of Sentinel Management Group, was convicted by a jury in 2012 in what was billed by prosecutors at the time as the largest single financial fraud in the history of Chicago’s federal court.

Prosecutors alleged that as head of Sentinel, Bloom secretly began exposing his well-heeled customers to an increasingly risky mix of leveraged deals in 2003, leading to the company’s collapse four years later.

Of course, you meant commuted, not pardoned, after serving 8 or 9 years.

 

[DakotaKai_fan20]

Of course, you meant commuted, not pardoned, after serving 8 or 9 years.

I say most of the pardons were commutes.

 

[White 6]

I say most of the pardons were commutes.

Correct. The vast majority. Communted 1,500 to time served / Pardoned 39

Biden commutes roughly 1,500 sentences and pardons 39 people in biggest single-day act of clemency

The president is also pardoning 39 Americans convicted of nonviolent crimes. The move follows a pardon for his son Hunter, who was prosecuted for gun and tax crimes.

apnews.com

 

[DakotaKai_fan20]

Correct. The vast majority. Communted 1,500 to time served / Pardoned 39

Biden commutes roughly 1,500 sentences and pardons 39 people in biggest single-day act of clemency

The president is also pardoning 39 Americans convicted of nonviolent crimes. The move follows a pardon for his son Hunter, who was prosecuted for gun and tax crimes.

apnews.com

Those people are likely to repeat their crimes. It is Eat, sleep, commit a crime, repeat. That is their ways. I never went to jail because I know the laws.

 

[imawhosure]

President Joe Biden commutes sentences for two of Chicago area’s most notorious fraudsters

President Joe Biden on Thursday commuted the sentences of two of the Chicago area’s most notorious fraudsters: former Dixon Comptroller Rita Crundwell, who embezzled nearly $54 million from the tiny town to fund a lavish lifestyle, and Eric Bloom, the onetime leader of a Northbrook management...

www.yahoo.com

More people Joe can relate to I reckon.

President Joe Biden on Thursday commuted the sentences of two of the Chicago area’s most notorious fraudsters: former Dixon Comptroller Rita Crundwell, who embezzled nearly $54 million from the tiny town to fund a lavish lifestyle, and Eric Bloom, the onetime leader of a Northbrook management firm who defrauded investors of more than $665 million.

The decisions in the clemency petitions for Crundwell and Bloom were announced by the White House as part of a massive list of some 39 pardons and 1,499 commutations. Biden’s orders do not wipe out their felony convictions, but end their sentences immediately.

The White House said the commutations were for people released from prison and placed on home confinement during the coronavirus pandemic.

Crundwell, 71, pleaded guilty in 2012 to what authorities then called the largest municipal fraud in the country’s history, admitting she stole $53.7 million from the city over more than a decade and used the money to finance her quarter horse business and lavish lifestyle.

She was sentenced in 2013 to nearly 20 years in federal prison. In April 2020, Crundwell had petitioned a federal judge for early compassionate release based on her poor health and the COVID-19 pandemic.

“I have done everything in my power to be a ‘model inmate.’ To work as hard as I can and have never complained about my conditions here or the pay we receive,” Crundwell wrote. “There is never a day that goes by, I do not regret my crime.”

She’d served about eight years behind bars before being released in 2021 to a halfway house in Downers Grove, U.S. Bureau of Prisons records show. Crundwell would have completed her sentence in October 2028.

Bloom, meanwhile, the onetime head of Sentinel Management Group, was convicted by a jury in 2012 in what was billed by prosecutors at the time as the largest single financial fraud in the history of Chicago’s federal court.

Prosecutors alleged that as head of Sentinel, Bloom secretly began exposing his well-heeled customers to an increasingly risky mix of leveraged deals in 2003, leading to the company’s collapse four years later.

Never fear.....this is not the end of pardons and commutations.

Laura Trump will go through this with a fine tooth comb, and it will be political ads going forward.

Notice if you will, the supposed party of the working class, AGAIN let a bunch of rich people, or people who fleeced the middle class, go.

Watch how this is played from the Trump side after the inauguration! It won't be a payback to the victims, but the Left will be hung out to dry-)

 

[White 6]

Those people are likely to repeat their crimes. It is Eat, sleep, commit a crime, repeat. That is their ways. I never went to jail because I know the laws.

I have not looked over the list. I am aware they are non-violent. Better to steal money with a ball point pen, than at gun point, eh? Pays better and increases chance of a break, on the back end, if convicted.

 

[Fort Fun Indiana]

Rich people getting rich people privileges.

I'm shocked. shocked, i say.

 

[White 6]

Rich people getting rich people privileges.

I'm shocked. shocked, i say.

Do you suppose they paid more in contributions, than they paid in fines and restitutions? Whatever, they are still felons, can't vote, own a gun, etc.

 

[Fort Fun Indiana]

Do you suppose they paid more in contributions, than they paid in fines and restitutions?

Maybe. Would be the smart play.

Thanks, Citizens United.

 

[White 6]

Maybe. Would be the smart play.

Thanks, Citizens United.

Hey, corporations are people now, too, dude. That is except for the fact, they can rob you, get government to take you house for eminent domain, without you getting it back, even if they back out of doing whatever it was, that was to benefit the community, sometimes destroy your land, your water and can tie you up in court until you must knuckle under or go broke, and a myriad of other things and unlike real people like you and me, cannot be put in jail. But, they are people, none the less and can contribute to political campaigns, easily making the small donation you make, absolutely meaningless. Think: The US Supreme Court, Best Judges Money Can Buy.