Criminal Investigation
On January 27, 2009, New York Attorney General Andrew Cuomo issued a subpoena to Thain in a probe into the bonuses he paid and received just days before the Bank of America takeover. Charges of criminal fraud against those involved in the payouts could be brought under the 1921 Martin Act.
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Famous quotes containing the word criminal:
“It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)