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FBI probe of massive Pennsylvania pension fund seeks evidence of kickbacks or bribery

MAY 17, 2021 | by Angela Couloumbis, Joseph DiStefano, Craig McCoy | WESA 90.5 FM (PENNSYLVANIA NPR STATION)

By Angela Couloumbis, Joseph DiStefano and Craig McCoy, includes “… The documents lay bare the scope of the probe and reveal that prosecutors and the FBI are investigating possible “honest services” fraud and wire fraud. Under a key 2010 U.S. Supreme Court ruling, federal prosecutors would need proof of illegal payments to charge state officials with the crime of not providing honest service, criminal-law experts say. … The investigation is also probably ‘benefiting from the cooperation of an insider,’ a defense lawyer has told the fund’s leaders.”

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