Indicted CEO Calls FBI Search Illegal 'Fishing Expedition'

Law360, New York (May 31, 2016, 3:52 PM EDT) -- Private equity CEO Benjamin Wey has urged a Manhattan federal judge to toss the government’s indictment alleging securities fraud and money laundering, saying the charges hold no water, and to block evidence obtained from searches that Wey called “unconstitutional.”

The government was overbroad in its 2012 search of Wey’s home and Manhattan office and obtained the search warrants using misleading logic, the New York Global Group chief argued in a motion filed Friday. The Justice Department then waited almost four years to lodge its indictment, which, according to Wey, failed to allege any criminal behavior.

“In short, this was no good...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS