USA v. Carollo et al

  1. September 02, 2011

    US Defends Wire Fraud Charge In GE Bid-Rigging Case

    U.S. prosecutors on Friday asked a New York federal judge to reconsider his rejection of a wire fraud charge as time-barred in a criminal case against three former GE Capital executives who allegedly plotted to rig bids for municipal finance contracts.

  2. August 26, 2011

    Bid-Rigging Case Against Ex-GE Execs Sent To Trial

    A New York federal judge on Thursday said a criminal municipal bid-rigging case against three former executives at a General Electric Co. finance unit will go to trial, denying their request to throw out the case.

  3. August 25, 2011

    Judge Nixes Wire Fraud Charge In GE Bid-Rigging Suit

    A New York federal judge on Thursday threw out a wire fraud charge against three former GE Capital executives who allegedly plotted to rig bids for municipal finance contracts, saying the charge was time-barred, but left six counts of conspiracy intact.

  4. August 09, 2011

    GE Capital Boss Grilled Over Bid To Nix Bid-Rigging Case

    A New York federal judge seemed skeptical Tuesday about throwing out criminal charges against a former manager at a unit of GE Capital, one of three executives who allegedly plotted to rig bids for municipal finance contracts.

  5. July 27, 2011

    Muni Bond Bid-Rigging Charges Aren't Time-Barred: Feds

    Prosecutors told a New York federal judge on Tuesday that their case against three ex-financial services executives accused of rigging bids on state and municipal bond bids is not time-barred, because a 10-year statute of limitations applies when a financial institution is involved.

  6. July 05, 2011

    Accused Muni Bond Bid-Riggers Call Charges Outdated

    A group of former financial services executives accused of rigging bids on state and municipal bonds asked a New York federal court Friday to dismiss the charges against them, arguing the claims were barred by the statute of limitations for fraud.

  7. June 02, 2011

    Feds Trim Charges In Muni Bond Bid-Rigging Case

    Federal prosecutors in New York filed a pared-down superseding indictment Tuesday against three former financial services executives who allegedly participated in a scheme to set artificially low bids on state and municipal bonds.