US prosecutors and a man known as “King of Political Intelligence” for allegedly passing secret government information to traders arrived at an agreement under which securities fraud charges against him will be dropped.
As long as David Blaszczak, a Washington consultant and former Medicare official, complies with the deferred prosecution agreement for three months, the US intends to dismiss two remaining charges it could have retried him on after appeals courts threw out earlier convictions, prosecutors told US District Judge Lewis A. Kaplan in a letter filed late Monday.
Source: US Dismisses Charges Against ‘King of Political Intelligence’