April 18, 1987 |
Atty. Gen. Edwin Meese III has removed himself from any role in the Justice Department investigation of Wedtech Corp. after learning that a financial consultant with whom he invested about $60,000 is a possible target in the investigation of the defense contracting firm, a source close to the case said Friday. Meese's financial disclosure statement shows that he made the investment in May, 1985, with a firm run by W. Franklyn Chinn, a San Francisco consultant.
July 10, 1987 |
Atty. Gen. Edwin Meese III gave the appearance of a conflict of interest by failing to remove himself sooner from a Justice Department investigation of Wedtech Corp. after investing $54,500 with an investment adviser linked to the scandal-plagued company, the chairman of a Senate investigating panel charged Thursday. Sen. Carl Levin (D-Mich.
March 2, 1988 |
Atty. Gen. Edwin Meese III's former financial adviser turned nearly an 80% profit in 18 months for Meese through extraordinary financial practices in which he assigned stock purchases to the attorney general's account after learning how the transactions had fared, Senate investigators said Tuesday. The assignments came from a pool of purchases made by W.
April 29, 1989 |
In what a federal prosecutor described as "a dark picture of greed," E. Robert Wallach was accused Friday of defrauding Wedtech Corp. of more than $500,000 in a scheme to influence former Atty. Gen. Edwin Meese III and other government officials to help the now-bankrupt defense firm. In opening arguments at the trial of Wallach and two co-defendants on fraud and racketeering charges in U.S. District Court in Manhattan, prosecutor Baruch Weiss told jurors that Wallach, a longtime friend and one-time lawyer for Meese, "agreed to be Wedtech's mole in the federal government."
July 1, 1987 |
The government's chief ethics officer has sharply criticized Atty. Gen. Edwin Meese III for establishing an unapproved "blind partnership" with a financial consultant to the scandal-plagued Wedtech Corp., it was disclosed Tuesday. David H. Martin, director of the U.S. Office of Government Ethics, charged in a letter that Meese's $60,000 investment in a limited partnership with W.
October 17, 1989 |
E. Robert Wallach, a close associate of former Atty. Gen. Edwin Meese III, was sentenced Monday to six years in prison and fined $250,000 for racketeering and fraud in the Wedtech scandal. U.S. District Judge Richard Owen, calling Wallach's conduct "sickening," also ordered the San Francisco lawyer to forfeit $425,000 that the jury found he had received illegally from the New York-based defense firm. The judge gave two of his convicted associates, former Wedtech consultants R.
July 7, 1987 |
Atty. Gen. Edwin Meese III made about $39,000 in profits from 23 highly speculative stock transactions during a recent 19-month period, but none of his funds had been invested in Wedtech Corp., the target of federal and state investigations, Meese's lawyers disclosed Monday. W. Franklyn Chinn, a San Francisco investment adviser who is now a possible subject of a federal criminal investigation, made the trades for Meese's limited blind trust.
August 9, 1989 |
E. Robert Wallach, a close associate of former Atty. Gen. Edwin Meese III, was convicted Tuesday of racketeering and fraud charges in the Wedtech scandal. Wallach was acquitted of a separate racketeering conspiracy charge by a New York federal court jury. Two associates--W. Franklyn Chinn of San Francisco and R. Kent London of Honolulu--were convicted on racketeering, racketeering conspiracy and fraud charges in connection with payments they received from Wedtech Corp.
April 21, 1988 |
John C. Shepherd, Atty. Gen. Edwin Meese III's second choice for deputy attorney general, withdrew his name from consideration Wednesday on the grounds that he was unprepared for the pressures he encountered, a move that Meese immediately blamed on "intense media attention." Shepherd's anticipated withdrawal was disclosed at an extraordinary Senate Appropriations subcommittee hearing at which Meese's ethical judgment was repeatedly questioned.
January 15, 1988 |
E. Robert Wallach, Atty. Gen. Edwin Meese III's longtime friend and former lawyer, and two other defendants pleaded not guilty Thursday to charges of racketeering in a scheme to influence Meese and other government officials to benefit the scandal-tainted Wedtech Corp.