John Wiley Price arrested - it is on
Posted: Fri Jul 25, 2014 9:26 am
DMN:
Dallas County Commissioner John Wiley Price was arrested Friday morning by the FBI.
A sealed indictment filed Wednesday lists the following charges against Price:
Conspiracy to Commit Bribery Concerning a Local Government Receiving Federal Benefits
Deprivation of Honest Services by Mail Fraud and Aiding and Abetting
Conspiracy to Defraud the Internal Revenue Service
Subscribing to a False and Fraudulent U.S. Individual Income Tax Return
The indictement alleges that from 2001-11, Nealy provided "concealed financial benefits" to Price totaling $950,231. The indictment refers to the funds as "a continuous stream of bribe payments."
Nancy Kennedy, Fain's attorney, told The Dallas Morning News that Fain had been charged but did not know what the charges are and had not been arrested.
"We're going to turn Dapheny in," Kennedy said.
Attorney Billy Ravkind, who said he learned of Price's arrest from media reports, said a pretrial bond hearing is scheduled for this afternoon.
"Next time we want to know something, we'll call the press," he said. "I guess I haven't been around long enough. I've never had this happen before. You win or lose cases in the courtroom. What the government does is irrelevant."
Ravkind said he has spoken to the prosecutor but not Price, who he said may be released pending an afternoon bond hearing.
The U.S. Attorney's Office has scheduled a press conference at 11 a.m. at the Earle Cabell Federal Building in downtown Dallas. The indictment will be revealed at that time, and federal officials will issue a statement at that time.
Price was arrested about 8 a.m.
The federal investigation of Price, Fain and Nealy came to light in June 2011 when authorities raided the offices and home of Price and other properties connected to the group. All three have previously denied any wrongdoing.
As part of that investigation, federal agents seized almost $230,000 from Price's safe after executing a search warrant at his home in 2011. They also seized just over $230,000 in proceeds from property Price sold to a Dallas-area developer.
Price has claimed ownership of $115,000 found in the safe as well as the money from the land sale. Fain has claimed the remaining money found in the safe.
The U.S. attorney's office filed the civil forfeiture in an attempt to keep that money, saying it is the proceeds of crimes. Price and Fain say the money came from legitimate business dealings.
Dallas County Commissioner John Wiley Price was arrested Friday morning by the FBI.
A sealed indictment filed Wednesday lists the following charges against Price:
Conspiracy to Commit Bribery Concerning a Local Government Receiving Federal Benefits
Deprivation of Honest Services by Mail Fraud and Aiding and Abetting
Conspiracy to Defraud the Internal Revenue Service
Subscribing to a False and Fraudulent U.S. Individual Income Tax Return
The indictement alleges that from 2001-11, Nealy provided "concealed financial benefits" to Price totaling $950,231. The indictment refers to the funds as "a continuous stream of bribe payments."
Nancy Kennedy, Fain's attorney, told The Dallas Morning News that Fain had been charged but did not know what the charges are and had not been arrested.
"We're going to turn Dapheny in," Kennedy said.
Attorney Billy Ravkind, who said he learned of Price's arrest from media reports, said a pretrial bond hearing is scheduled for this afternoon.
"Next time we want to know something, we'll call the press," he said. "I guess I haven't been around long enough. I've never had this happen before. You win or lose cases in the courtroom. What the government does is irrelevant."
Ravkind said he has spoken to the prosecutor but not Price, who he said may be released pending an afternoon bond hearing.
The U.S. Attorney's Office has scheduled a press conference at 11 a.m. at the Earle Cabell Federal Building in downtown Dallas. The indictment will be revealed at that time, and federal officials will issue a statement at that time.
Price was arrested about 8 a.m.
The federal investigation of Price, Fain and Nealy came to light in June 2011 when authorities raided the offices and home of Price and other properties connected to the group. All three have previously denied any wrongdoing.
As part of that investigation, federal agents seized almost $230,000 from Price's safe after executing a search warrant at his home in 2011. They also seized just over $230,000 in proceeds from property Price sold to a Dallas-area developer.
Price has claimed ownership of $115,000 found in the safe as well as the money from the land sale. Fain has claimed the remaining money found in the safe.
The U.S. attorney's office filed the civil forfeiture in an attempt to keep that money, saying it is the proceeds of crimes. Price and Fain say the money came from legitimate business dealings.