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Did Barack Obama’s choice to replace Eric Holder, Loretta Lynch, cheat fraud victims out of a $40 million settlement?

January 5, 2015

 Loretta Lynch has been tapped by the President to replace Eric Holder as Attorney General. It is now being reported that more than a year ago the House Judiciary Committee was asked to look into the possibility that her office mishandled a stock market fraud case which deprived victims of $40 million in losses.

  Here is more:

More than a year before President Obama nominated federal prosecutor Loretta Lynch to be attorney general, a former federal judge quietly called on Congress to investigate her U.S. attorney’s office for trampling on victims’ rights.

Paul Cassell, a law professor at the University of Utah, said Ms. Lynch’s office, the U.S. Attorney for the Eastern District of New York, never told victims in a major stock fraud case that a culprit had been sentenced — denying them a chance to seek restitution of some $40 million in losses.

Mr. Cassell, in written remarks to a House Judiciary Committee panel in 2013, said if prosecutors were using secretive sentencing procedures to reward criminals for cooperating with them, it could violate the Crime Victims Restitution Act.

“Every day that the office withholds notice from the victims in this case about the continuing proceedings that are occurring in this case is a day in which the office is violating the CVRA,” he wrote, urging the subcommittee to conduct its own inquiry into Ms. Lynch’s office.

  And even more still:

Meanwhile, a lawyer has filed a Supreme Court petition to force more records in the criminal case to be unsealed, charging that Ms. Lynch’s office has failed to explain secret deals it gives cooperators.

“These deals, indisputably in defiance of mandatory federal forfeiture and restitution laws, allow cooperators to keep the proceeds of their crimes in exchange for their cooperation and keep their reputation intact, hidden behind secret dockets,” said attorney Frederick Oberlander, who has sued the businessman on behalf of fraud victims.

 Loretta_Lynch The obvious question in my mind is, why didn’t the Judiciary Committee follow up on this when they learned of it? It certainly seems as if they should have. There may be nothing here other than incompetence, but it is possible a secret deal was cut.

  One thing is certain; this now must be looked into before Loretta Lynch is allowed to assume the position of Attorney General and in my opinion it does not even matter if this was intentional or if it was incompetence, if this story is true it should only be after a serious investigation that she should ever be allowed to become the highest law enforcement agent in the land.

  I do not know what the truth is in regards to this story but I do know that we need to know what the truth is before she is confirmed to the position she has been nominated for.

12 Comments leave one →
  1. MaddMedic permalink
    January 5, 2015 10:21 pm

    Reblogged this on Freedom Is Just Another Word… and commented:
    One would expect Buck Of am a to appoint an honest person with ethics to his administration? Hell no!!!

    Liked by 1 person

  2. January 5, 2015 10:36 pm

    The GOP controlled Senate shouldn’t be in any hurry to approve any of Obama’s appointments.

    Liked by 1 person

  3. Bruce permalink
    January 5, 2015 10:52 pm

    I don’t understand your question Steve. Proof of incompetency = Obama’s support. e.g. IRS VA, Secretary of State, HHS etc. etc.

    Liked by 1 person

  4. agent provocateur permalink
    January 5, 2015 11:36 pm

    Reblogged this on Nevada State Personnel Watch.

    Liked by 1 person

  5. Paul H. Lemmen permalink
    January 6, 2015 12:38 am

    Reblogged this on A Conservative Christian Man.

    Liked by 1 person

  6. January 6, 2015 1:51 pm

    “What this makes me wonder about, since all records are sealed, is if Lynch is part of the Obama/Holder/La Raza scam. … Obama and Holder Extort Money From Banks: Fund Liberal Groups Like La Raza”
    A incestuous slim-pool.

    Liked by 1 person

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