Current:Home > MarketsNew York judge rejects Indiana ex-U.S. Rep. Steve Buyer’s request to remain free pending appeal -QuantumFunds
New York judge rejects Indiana ex-U.S. Rep. Steve Buyer’s request to remain free pending appeal
View
Date:2025-04-18 21:03:39
NEW YORK (AP) — Former U.S. Rep. Steve Buyer cannot defer his surrender next month to serve a nearly two-year prison sentence resulting from his insider trading conviction because there was overwhelming evidence of his crimes, a federal judge said Monday.
Judge Richard M. Berman ruled there was no substantial question nor any close question of law to warrant letting the Indiana Republican remain free until his appeal is decided. He said prosecutors had presented “compelling testimony and documentary evidence” of Buyer’s crimes and “devastating evidence of an attempted cover-up.”
The judge noted that a jury capped a nine-day trial by returning its March verdict in less than four hours. Prosecutors say he made illegal stock trades based on insider information while working as a consultant after serving in the House from 1993 to 2011.
The lawyer and Persian Gulf War veteran once chaired the House Veterans’ Affairs committee and was a House prosecutor at ex-President Bill Clinton’s 1998 impeachment trial.
At sentencing last month, Berman said Buyer’s conviction by a jury was not a close call because the evidence against him “screams guilty.” The judge said Buyer lied when he testified at his trial about when he learned about mergers that he profited from.
The Noblesville, Indiana, resident is due to report to prison on Nov. 28.
His lawyers did not immediately respond to messages seeking comment.
veryGood! (8)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Students walk out of Jerry Seinfeld's Duke commencement speech after comedian's support of Israel
- A police chase ends with cruisers crashing, officers injured and the pursued vehicle getting away
- Solar storm makes northern lights visible to much of US, world during weekend: See photos
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- LENCOIN Trading Center: Market Impact of BTC Spot ETFs
- Sink Your Teeth Into Robert Pattinson's Unforgettable Year
- Brad Keselowski triumphs at Darlington to snap 110-race NASCAR Cup Series winless streak
- Senate begins final push to expand Social Security benefits for millions of people
- Super Bowl champion Chiefs will open regular season at home against Ravens in AFC title game rematch
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- My drinking problem taught me a hard truth about my home state
- Who is Zaccharie Risacher? What to know about potential No. 1 pick in 2024 NBA Draft
- Fires used as weapon in Sudan conflict destroyed more towns in west than ever in April, study says
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Lotus Lantern Festival draws thousands in Seoul to celebrate upcoming Buddha’s birthday
- Hedge fund operators go on trial after multibillion-dollar Archegos collapse
- Patriots coach Jerod Mayo says rookie QB Drake Maye 'has a lot to work on'
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
King Charles III Shares He’s Lost His Sense of Taste Amid Cancer Treatment
US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say
2 killed in single-engine plane crash in eastern Arkansas
Meet first time Grammy nominee Charley Crockett
Susan Backlinie, who played shark victim Chrissie Watkins in 'Jaws,' dies at 77: Reports
Sleepy far-flung towns in the Philippines will host US forces returning to counter China threats
See stunning northern lights photos: The celestial sight dazzled again on Saturday