Breaking: Asset trader charged with threatening officials

Posted at 10:39 AM on January 14, 2011 by Bob Collins (2 Comments)
Filed under: Crime and Justice

This story is breaking this morning. The feds are charging a commodities trader with, basically, putting a bounty on the heads of government officials and other officials.

WNBC in New York reports:

The FBI arrested the head of an asset management firm for allegedly threatening 47 government officials with the Securities and Exchange Commission and the Commodities Futures Trading Commission.

Officials said Vincent McCrudden posted a $100,000 reward on a website for information that proved these officials had been "punished." Federal prosecutors also said he sent numerous emails threatening individual workers.

McCrudden is expected to be arraigned in federal court in Central Islip Friday afternoon, a spokesman for U.S. Attorney Loretta Lynch said.

The story might continue the story line of "heated rhetoric." The Federal Elections database shows a Vincent McCrudden of Long Island (listed as a self-employed trader) contributes to national Democratic organizations, though it's not clear it's the same Vincent McCrudden that was arrested at Newark Airport last night.

Update 1:02 p.m. -Reader Bob Moffit has found the "elusive Minnesota connection," according to McCrudden's Web site:

Mr. McCrudden is a former soccer player at the University of Rhode Island, and then played professionally for the Tampa Bay Rowdies and Minnesota Strikers of the NASL.

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Comments (2)

The feds are haulin' his assets to jail! Yikes, what a nutjob.

Posted by Bob Moffitt | January 14, 2011 11:12 AM

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You got it, Mr. Moffitt. Bernie Madoff would have someone to watch soap operas with.

Posted by John O. | January 14, 2011 12:36 PM

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