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Jury in Detroit Pension Case Convicts Former Treasurer, Two Others
The Wall Street Journal; subscription may be required ![]() 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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