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

 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.

  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.