Md. County Exec Indicted For Corruption

Law360, New York (February 14, 2011, 8:21 PM EST) -- A grand jury on Monday indicted the former top executive of Prince George’s County, Md., Jack B. Johnson, on corruption charges alleging that he traded access to federal grant money for bribes from real estate developers and other businesses.

Johnson, of Mitchellville, Md., allegedly helped funnel millions of dollars in grants to conspiring developers as part of an affordable housing program — known as HOME Investment Partnerships — in return for cash, campaign contributions and other perks, according to an indictment filed in the U.S. District...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.