Law36 Feud Over Witness Caps CEO's $100M WTC Fraud Trial> VERDICT UPDATE

UPDATE VERDICT
Larry Davis 65, of Canada, was convicted of one count of wire fraud and one count of conspiracy to commit wire fraud, each of which carries a maximum sentence of 20 years in prison.  He is scheduled to be sentenced November 15, 2016.

Law360, New York (August 9, 2016, 7:25 PM ET)
Pete Brush -- Prosecutors seeking to convict steel construction CEO Larry Davis of fraud for taking $100 million of World Trade Center rebuilding dollars that were supposed to go to women and minority contractors on Tuesday sharply rejected a defense allegation that a key government witness was browbeaten into pleading guilty. 

Defense Attorney Sam Talkin gives closing statement and claimed a key witness against his client had been brow beaten into pleading guilty. 

The dispute came during closing arguments of the seven day trial before Manhattan Federal Court  Judge Loretta Preska. Davis is  charged with a 100 M dollar fraud.

AUSA Robert Lee Boone closing statement

http://www.law360.com/newyork/articles/826551?nl_pk=a7274232-dbac-4545-9d0e-47645a9bd165&utm_source=newsletter&utm_medium=email&utm_campaign=newyork