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Corporate Crime & Their Partners…

There was a time when I briefly worked for the class enemy, a detective agency for corporate insurance carriers. I recall this one complex case that I came to refer to as the “Pizza Connection.”

(Click on image to enlarge...)

A paraplegic in a wheelchair was suing a company for some $5 million. We were the last ditch effort to prove his claim as fraudulent.  I understand how cops can become caught up in the chase.

Considerable moneys had been spent on therapy, a motorized wheelchair, a special van, and a home in a high-end, suburban Detroit gated community.

I set up my film crew in a wooded area adjacent to a clear view of his main door and ramp area. After a week and getting nowhere, I decided to get a bit more proactive.

Inspired that my crew preferred pizzas while on location, I had a magnetized car sign made up advertising Little Caesar’s Pizza along with an ID badge made from their logo.

Purchasing a small pizza, I breezed thru the community’s security and knocked on his door. He refused to come to the door, insisting that he had not ordered a pizza and didn’t want one.

After I told him that it was already paid for and feigning being pissed off at not getting a tip, I “threw” the pizza box across his lawn under his main window and drove away.

When I got back around to the hide, the crew was already packing up…mission accomplished. They explained that he kept looking out the window until finally he opened the door and came out.

Looking around and seeing no one, he got out of his wheelchair, agilely climbed over a planter border and retrieved the pizza. Voilà! A $5 pizza for $5 million. Or so I thought…

At the trial the following week, the insurance attorneys reviewed my film footage and, to my surprise, they took the film, thanked me, and dismissed me from testifying. This perplexed me at the time as I would otherwise be required to voir dire such material thru testimony into evidence.

Sometime later I asked my supervisor whatever happened with the “Pizza” case? He finally explained that they settled for some $3 million (that’s $1 million+expenses to the law firm).

I was astounded. A clear fraud case goes from a potential conviction to a $3 million settlement?!

“Nick,” he laughed. “You don’t understand. These guys are all in the same bed…the same business.”

He added, “The insurance company attorneys are essentially on salary. When they ‘graduate’ and go to work as a partner for a high-end plaintiff law firm, where do you think they go? They would hardly be welcome if they beat their future partners outta millions of dollars, now would they?”

When I read of the current situation involving Obama’s Justice Department refusing to prosecute Wall Street’s fraud and mass theft, and noting where his “advisors” come from and go to, I’m reminded of that earlier lesson.

Absolute Greed...

The SEC offered a “settlement” of $285 million dollars from Citigroup, which the judge cited as “pocket change” after they had defrauded investors of some $700 million.

I knew many bank robbers in federal prison who would loved to have made a deal (after they were caught, of course) with the cops to return, say, a third of their loot in order to keep the rest and avoid prosecution!

Or, one of the latest such scams to come to media attention with Bank of America’s Countrywide Financial settling with the Justice Department for $335 million after having defrauding mortgage holders out of $billions.

The Chief Executive Officer of that criminal conspiracy was allowed to walk away, scot free, with $400 million in salary and “bonuses.”

Were the criminals not under the diamond ceiling of the 1%, they’d be facing RICO charges and many years in prison. These high-end thieves routinely walk away with personal fortunes.  No seizure and forfeiture for them and their families, as with the rest of us.

Just a pack of good ol’ boys taking care of business

Dr. Publico

Category: Corporatism
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