Why Trump wants to appoint FBI directors who are loyal to him.

 
unsmoked
 
Avatar
 
 
unsmoked
Total Posts:  8627
Joined  20-02-2006
 
 
 
20 August 2019 11:02
 

Make America great again by cheating the government?  “He’s a genius!” - Rudy Giuliani

https://www.fbi.gov/investigate/white-collar-crime

Major Threats & Programs

Corporate Fraud
Corporate fraud continues to be one of the FBI’s highest criminal priorities—in addition to causing significant financial losses to investors, corporate fraud has the potential to cause immeasurable damage to the U.S. economy and investor confidence. As the lead agency investigating corporate fraud, the Bureau focuses its efforts on cases that involve accounting schemes, self-dealing by corporate executives, and obstruction of justice.

The majority of corporate fraud cases pursued by the FBI involve accounting schemes designed to deceive investors, auditors, and analysts about the true financial condition of a corporation or business entity. Through the manipulation of financial data, the share price, or other valuation measurements of a corporation, financial performance may remain artificially inflated based on fictitious performance indicators provided to the investing public.

The FBI’s corporate fraud investigations primarily focus on the following activities:

Falsification of financial information

False accounting entries and/or misrepresentations of financial condition;
Fraudulent trades designed to inflate profits or hide losses; and
Illicit transactions designed to evade regulatory oversight.
Self-dealing by corporate insiders

Insider trading (trading based on material, non-public information);
Kickbacks;
Misuse of corporate property for personal gain; and
Individual tax violations related to self-dealing.

Q:  Did Trump appoint a millionaire to be FBI director after firing James Comey?

https://en.wikipedia.org/wiki/Christopher_A._Wray

Wray earned $9.2 million working as an attorney for the law firm King & Spalding, significantly more than his salary as FBI Director. According to a calculation from the Wall Street Journal, Wray’s net worth in 2017 was estimated to be $23 million to $42 million.