Katherine Polk Failla, during her nomination hearing before the Senate Judiciary Committee to be United States District Judge for the Southern District of New York. (Credit: Diego M. Radzinschi) US Judge Orders 'Prolific' Cooperating Witness to Pay Nearly $900,000 in Restitution
U.S. District Judge Katharine Polk Failla's decision is a significant reduction of the nearly $12 million in restitution cooperator Jona Rechnitz was ordered to pay at his initial sentencing, for his role in steering, and thereby causing losses to, public pension funds.
October 16, 2024 at 05:06 PM
4 minute read
White Collar Crime
A cooperating witness who starred in the last round of public corruption trials against high-ranking New York City officials must pay nearly $891,000 in restitution, a federal judge ruled on Wednesday.
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