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Pardoned after sentence served
Click here to read the clemency grant.
CATEGORIES: Fraud and Corruption, Elected OfficialFormer Rep. Stephen Buyer was convicted of insider trading.
Profited $350,000 from illicit trades
Buyer had created a consulting company after leaving Congress in 2011. He used confidential information of clients to trade stocks.
In 2018, while consulting for T-Mobile, he learned that the company planned to acquire Sprint. He used that proprietary information to purchase shares of Sprint, which he sold after the purchase for a profit of more than $125,000.
In 2019, while consulting for Guidehouse LLP, he learned that the company planned to acquire Navigant Consulting. He used that proprietary information to purchase shares of Navigant, which he sold after the purchase for a profit of more than $225,000.
During his 2023 trial he also provided false explanations for the trades.
According to the pardon statement, current members of Congress endorsing Buyer's pardon include...
For more, read the New York Times article.
Click here to read the SEC complaint against Buyer.
Click here to read the sentencing statement.
Click here to read the pardon statement.
Rep. Henry Cuellar was indicted for bribery.
Imelda Rios Cuellar - his wife - was indicted for laundering the money he received.
For more, read the News in Five article.
Click here to read the clemency grant.
Jack Harvard was convicted for facilitating two fraudulent loans - one of which was for more than $1 million. He received fees or bribes for his help.
Though not directly related to his crimes, Harvard was mayor of Plano, TX from 1982 -1990. He founded and was CEO of Willow Bend National Bank. The bank failed in 1990, costing taxpayers $25 million.
Harvard previously had applied for a pardon in 2008 from George W. Bush and in 2013 from Barack Obama. Both rejected his request. His attorney for his request to Trump was Peter Ticktin, who has assisted in other Trump pardons and says he has known Trump since they were 15 years old.
Click here to read a description of the fraudulent loans Harvard facilitated and profited from.
Click here to read the clemency grant.
For more, read the Dallas Morning News article.
Former Rep. George Santos was indicted on several charges of campaign fraud and identity theft. He pleaded guilty to some of the charges and was sentenced to more than 7 years in prison.
He had served 3 months of the sentence before Pres. Donald Trump commuted his sentence.
Click here to read the clemency grant.
CATEGORIES: Campaign & Election, Fraud and Corruption, Elected Official