Saturday, October 11, 2014

Immigration Official Sentenced to 30 Months in Prison for Soliciting Bribes to Approve Applications for Citizenship and Green Card

SANTA ANA, CA—An immigration service officer with U.S. Citizenship and Immigration Services (USCIS) who took thousands of dollars in bribes from immigrants who were seeking either citizenship or lawful permanent resident status in the United States was sentenced today to 30 months in federal prison.
Mai Nhu Nguyen, 48, of Irvine, was sentenced by United States District Judge Josephine L. Staton.
From 2011 through June 2013, Nguyen solicited and took bribes from Vietnamese immigrants. In one case, Nguyen took $1,000 from an immigrant seeking a “Green Card” and 200 egg rolls from an immigrant seeking citizenship.
Nguyen, who worked at USCIS’s Santa Ana office for approximately eight years and is now on leave, was an immigration service officer with the power to approve or deny applications for immigration benefits that are submitted by immigrants.
The case against Nguyen is the product of an investigation by the Federal Bureau of Investigation and the Department of Homeland Security’s Office of Inspector General.

High-Frequency Trader Indicted for Manipulating Commodities Futures Markets in First Federal Prosecution for Spoofing

CHICAGO—In the first federal prosecution of its kind, a high-frequency trader was indicted for allegedly manipulating commodities futures prices and illegally profiting nearly $1.6 million as a result of trading orders he placed through CME Group and European futures markets in 2011. The defendant, Michael Coscia, was the manager and sole owner of the former Panther Energy Trading LLC, of Red Bank, N.J., which he formed in 2007.
Coscia, 52, of Rumson, N.J., a registered commodities trader since 1988, was charged with six counts of commodities fraud and six counts of “spoofing” in a 12-count indictment returned yesterday by a federal grand jury, Zachary T. Fardon, United States Attorney for the Northern District of Illinois, and Robert J. Holley, Special Agent-in-Charge of the Chicago Office of the Federal Bureau of Investigation, announced today.
The indictment marks the first federal prosecution nationwide under the anti-spoofing provision that was added to the Commodity Exchange Act by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.