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Jury in Detroit Pension Case Convicts Former Treasurer, Two Others
The Wall Street Journal; subscription may be required Link to more items from this source
Dec. 8, 2014
"A federal jury on Monday convicted the city of Detroit's former treasurer and two others for conspiring to defraud retirees through bribery and kickbacks involving $200 million in deals, prosecutors said.... The evidence at trial, according to federal prosecutors, showed that Detroit's two retirement systems lost more $97 million on pension deals corrupted by bribes and kickbacks taken or paid by the defendants."

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