Ex-Trader Admits To Threatening To Kill Over Forty Financial Regulators
NEW YORK (Jennifer Golson) - A former commodities trader pleaded guilty on Monday to threatening to kill more than 40 financial regulators, including the heads of the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.
Vincent McCrudden, 50, admitted in court that he posted the threats on his company's website last December, asking for help executing his plan. His guilty plea came the day testimony was to begin in his federal trial, said his lawyer Bruce Barket.
McCrudden pleaded guilty in U.S. District Court in Central Islip, New York, to two counts of transmission of threats to injure.
His posts included the names of current and former officials including SEC Chairman Mary Schapiro and CFTC Chairman Gary Gensler, as well as officials at the National Futures Association and the Financial Industry Regulatory Authority.
"These people have got to go! And I need your help, there are just too many for me alone," McCrudden wrote in one post, according to the indictment.
He also sent an email last September to Daniel Driscoll, the executive vice president and chief operating officer of the NFA, that said: "It wasn't ever a question of 'if' I was going to kill you, it was just a question of when."
McCrudden faces up to 10 years in prison. His sentencing is scheduled for December 5.
Oh, waaaaa.... Don't you hate it when they won't let you do all that illegal stuff? Maybe 10 years in the slammer will help him with his anger-management issues.
