Ex-CIA executive pleads guilty to wire fraud
Associated Press
September 29, 2008
ALEXANDRIA, Va. (AP) - A former executive director of the CIA has pleaded guilty to wire fraud as part of a plea bargain.
Kyle "Dusty" Foggo was the number three man in the CIA from 2004 to 2006. At a hearing Monday in federal court in Alexandria, he pleaded guilty to a single count of wire fraud, admitting that he helped his best friend obtain contracts with the CIA at inflated prices.
As part of the plea bargain, prosecutors agreed to drop the other 27 counts against him. He faces a maximum of 20 years in prison when he is sentenced in January, but prosecutors agreed that they will seek no more than three years.
The case against Foggo resulted from an investigation of former congressman Randy "Duke" Cunningham, R-Calif., who admitted to taking bribes from the same defense contractor that Foggo illegally assisted.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
No comments:
Post a Comment