Friday, October 14, 2005

Spitzer Drops Criminal Charges Against Sihpol

After threatening to re-try Mr. Sihpol, the NY AG announced that he is dropping the charges, citing Mr. Sihpol's settlement with the SEC and agreement to a 5 year ban and a $200,000 fine.

According to the New York Law Journal, a Spitzer spokesman said that "we believe that the interests of justice have been served."

No explanation was offered as to why they went after him criminally if a 5 year ban and a $200,000 fine were enough to serve the interests of justice.
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