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Wedtech Corp

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NEWS
May 13, 1987 | ROBERT L. JACKSON and RONALD J. OSTROW, Times Staff Writers
The new managers of bankrupt Wedtech Corp. Tuesday filed an $11-million lawsuit against Atty. Gen. Edwin Meese III's financial consultant, W. Franklyn Chinn, charging he conspired to defraud the Bronx-based military contractor by submitting false invoices to collect over a million dollars in unearned consulting fees. The suit names another former Wedtech consultant, Dr. R. Kent London, as a participant in the scheme.
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NEWS
July 31, 1993 | Associated Press
A federal judge has dismissed influence-peddling charges in the second trial of lawyer E. Robert Wallach, who was accused of taking payoffs from Wedtech Corp. to lobby former Atty. Gen. Edwin Meese III. U.S. District Judge Richard Owen dismissed the charges Thursday when a jury failed to reach a verdict after more than three days of deliberations. Prosecutors said they didn't know if they would refile the charges.
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NEWS
July 9, 1987
Two former Wedtech Corp. associates bilked the now-bankrupt and scandal-ridden Bronx, N.Y., defense contractor of $315,000 more than originally believed through fraudulent billings, the company charged. An expanded lawsuit brought to $1,455,000 the amount of money the two--W. Franklyn Chinn and R. Kent London--allegedly embezzled from Wedtech through fraudulent consulting, travel and entertainment charges. Chinn has been at the center of the Wedtech influence-buying scandal that brought Atty.
NEWS
July 20, 1993 | ROBERT L. JACKSON, TIMES STAFF WRITER
Seated at the defense table in a Manhattan courtroom immediately behind three federal prosecutors, E. Robert Wallach seems a forlorn figure as he struggles alone to defend himself against the charges left over from an almost forgotten scandal. The California lawyer is caught in a time warp. Wallach, 59, a friend of former Atty. Gen.
NEWS
February 23, 1990 | From Times Staff and Wire Reports
The ex-president of Wedtech Corp., who testified in the corruption trial of former Rep. Mario Biaggi (D-N.Y.), was sentenced to five months in prison for his role in the scandal. Anthony Guariglia, 39, was one of four officials of the South Bronx military contractor who pleaded guilty in 1987 to bribe-related charges and cooperated with prosecutors. Guariglia testified at the racketeering trials of Biaggi and E. Robert Wallach, the San Francisco attorney who was a friend of ex-U.S. Atty. Gen.
NEWS
December 2, 1988
Rep. Robert Garcia (D-N.Y.) and his wife pleaded innocent to federal bribery and extortion charges stemming from the Wedtech corruption scandal. Garcia, 55, his wife, Jane Lee Garcia, 48, and a lawyer from Puerto Rico, Ralph Vallone Jr., 41, were indicted last week for an alleged conspiracy to obtain $185,000 in cash, interest-free loans and jewelry from the Wedtech Corp. The indictment came just a few days after former Rep. Mario Biaggi (D-N.Y.
NEWS
October 30, 1987 | Associated Press
An independent counsel's investigation of Atty. Gen. Edwin Meese III's involvement with scandal-plagued Wedtech Corp. has focused partly on whether Meese supplied his longtime friend E. Robert Wallach with sensitive law-enforcement information about a criminal probe of Wedtech, sources said Thursday.
NEWS
July 22, 1987 | ROBERT L. JACKSON and RONALD J. OSTROW, Times Staff Writers
Federal investigators in the Wedtech Corp. probe are focusing on allegations that E. Robert Wallach, a lawyer and close friend of Atty. Gen. Edwin Meese III, used Wedtech's purchase of a shipyard to cover payments to him intended to influence the Reagan Administration on the company's behalf, sources close to the case said Tuesday. The allegations surfaced Monday in a $3.
NEWS
September 30, 1987 | ROBERT L. JACKSON, Times Staff Writer
E. Robert Wallach, a former consultant to scandal-plagued Wedtech Corp. and a close friend of Atty. Gen. Edwin Meese III, boasted about influence with the Reagan Administration in memos to Wedtech officers that were made public Tuesday. Wallach's internal memoranda were disclosed by the Senate Governmental Affairs subcommittee on oversight of government management in connection with an inquiry into how the small Bronx, N.Y., firm was able to obtain large U.S.
BUSINESS
June 12, 1991 | From Times Staff and Wire Reports
The Wedtech Corp. defendant whose discredited testimony as a government witness prompted a federal appeals court to throw out convictions of three other defendants was sentenced to up to six years in prison for perjury. Anthony Guariglia, 39, the former president of the defunct Bronx military contractor, was sentenced to between two and six years for the state portion of his case.
NEWS
March 28, 1992 | From Times Staff and Wire Reports
W. Franklyn Chinn, a former director of the defunct Wedtech Corp., was sentenced in New York to nine months in prison after pleading guilty to filing a false statement with the Small Business Administration. Under the plea agreement, Chinn is expected to be released on parole after serving a third of his term.
BUSINESS
February 11, 1992 | From Times Staff and Wire Reports
Wedtech Securities Case Settled: Stock and bond holders of Wedtech Corp., the scandal-plagued South Bronx military contractor, have settled a class-action suit against the defunct company's accountants for $77.5 million, one of the plaintiffs' lawyers said. The lawyer said the bulk of the settlement is expected to be paid by the accounting firms KPMG Peat Marwick and Deloitte & Touche. Investment bank Bear, Stearns & Co. is also expected to contribute.
NEWS
October 19, 1991 | From Associated Press
Former Congressman Robert Garcia was convicted Friday of extorting a no-interest loan from the scandal-plagued Wedtech Corp. But the jury was undecided on whether he demanded illegal payoffs. The jury also found that his wife, Jane Lee Garcia, was guilty of conspiracy and extorting $76,000 in payoffs from Wedtech. The verdict in U.S. District Court in Manhattan was the second time the South Bronx Democrat and his wife were convicted in the case.
BUSINESS
June 12, 1991 | From Times Staff and Wire Reports
The Wedtech Corp. defendant whose discredited testimony as a government witness prompted a federal appeals court to throw out convictions of three other defendants was sentenced to up to six years in prison for perjury. Anthony Guariglia, 39, the former president of the defunct Bronx military contractor, was sentenced to between two and six years for the state portion of his case.
NEWS
June 1, 1991 | ROBERT L. JACKSON, TIMES STAFF WRITER
The 1989 conviction of California attorney E. Robert Wallach, a friend of former Atty. Gen. Edwin Meese III and a key figure in the Wedtech defense contracting scandal, was thrown out Friday by a federal appeals court on grounds that a prosecution witness committed perjury. The convictions of two associates, W. Franklyn Chinn and R. Kent London, also were voided.
NEWS
July 13, 1990 | Associated Press
Former Atty. Gen. Edwin Meese III was awarded $460,509 in federal reimbursement Thursday for legal expenses he incurred during a special prosecutor's criminal investigation. Independent counsel James C. McKay had declined to prosecute Meese at the conclusion of the investigation. Among other things, Meese was investigated for possible ethics law violations for intervening to help Wedtech Corp. obtain a lucrative defense contract.
NEWS
September 1, 1990 | ROBERT L. JACKSON, TIMES STAFF WRITER
When California lawyer E. Robert Wallach was convicted of fraud and racketeering in the Wedtech defense-contracting scandal last year, he cried foul: A key government witness had committed perjury, he contended. But federal prosecutors turned a deaf ear.
NEWS
July 13, 1990 | Associated Press
Former Atty. Gen. Edwin Meese III was awarded $460,509 in federal reimbursement Thursday for legal expenses he incurred during a special prosecutor's criminal investigation. Independent counsel James C. McKay had declined to prosecute Meese at the conclusion of the investigation. Among other things, Meese was investigated for possible ethics law violations for intervening to help Wedtech Corp. obtain a lucrative defense contract.
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