Pardoned Financier Marc Rich Dies In Switzerland
ANOTHER NAIL IN THE CLINTON LEGACY COFFIN
“Marc Rich’s connections to the rich and powerful not only made him fabulously wealthy but when he was indicted for fraud, racketeering and tax evasion on a grand scale, they helped secure him a pardon from Bill Clinton, hours before the U.S. president left office.
“That triggered a political firestorm from critics who alleged Rich bought his pardon through donations that his ex-wife had made to the Democratic Party.
“Rich died Wednesday of a stroke at a hospital in Lucerne, near his home for decades. He was 78, and his Israel-based spokesman Avner Azulay said he would be buried Thursday in a kibbutz in Israel.
“But in 1983, while he was in Switzerland, Rich was indicted by a U.S. federal grand jury on more than 50 counts of fraud, racketeering, trading with Iran during the U.S. Embassy hostage crisis and evading more than $48 million in income taxes.
“At the time it was the largest tax evasion case in U.S. history and could have earned him more than 300 years in prison.
“Although the Swiss refused to arrest or extradite Rich, he stayed on the FBI’s Most Wanted List, narrowly escaping capture in Finland, Germany, Britain and Jamaica, until Clinton granted him a pardon on Jan. 20, 2001 — the day he handed over the keys to the White House to George W. Bush.”
http://washington.cbslocal.com/2013/06/26/pardoned-financier-marc-rich-dies-in-switzerland/
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