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| | John Abbott pleaded guilty to 2 felony charges (Site not responding. Last check: 2007-11-02) |
 | | Kristine Olson, United States Attorney for Oregon, announced that John Abbott, age 45, of Beaverton, Oregon, today pleaded guilty to 2 felony charges arising Out of his solicitation and receipt of gratuities from Jeffrey Grayson, of Capital Consultants, while Abbott served as a trustee for union pension plans investing with Grayson's company. |
 | | Abbott specifically admitted that he failed to report “secret payments” of gratuity income on his 1997 tax return. |
 | | The plea agreement recites that Abbott will cooperate in the “investigation relating to Jeffrey Grayson and related persons and entities, including union organizations, and personnel.” He faces a maximum penalty of 3 years in prison on each count, and fines totaling $500,000. |
| www.oig.dol.gov /public/media/abbott.html (316 words) |
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