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  • makersofthemselves makersofthemselves Jan 14, 2011 2:24 PM Flag

    Organized crime rears its ugly head

    Friday January 14, 2011, 1:59 pm
    By Jonathan Stempel

    NEW YORK (Reuters) - A New York money manager with a long history of legal battles with the government has been charged with threatening to kill 47 U.S. officials, including the nation's top securities and commodities regulators.

    Vincent McCrudden, 49, last month allegedly posted online an "execution list" naming officials including Securities and Exchange Commission Chairman Mary Schapiro and Commodity Futures Trading Commission Chairman Gary Gensler.

    Federal prosecutors said the threat came shortly after the CFTC brought an enforcement action accusing McCrudden and two of his companies with operating unregistered investments. McCrudden was arrested on Thursday and scheduled to appear in a Long Island court later on Friday.

    McCrudden threatened officials at the SEC, CFTC, the Financial Industry Regulatory Authority and the National Futures Association, authorities said.

    "Go buy a gun, and lets get to work in taking back our country from these criminals," McCrudden allegedly wrote, in a statement calling for the four regulators to be abolished. "I will be the first one to lead by example."

    McCrudden's arrest comes amid heightened concern for the safety of public officials, after last Saturday's shooting of Congresswoman Gabrielle Giffords and several others in Tucson, Arizona. Six people died, including federal judge John Roll.

    LAWYER SAYS DEFENDANT NOT GUILTY

    Bruce Barket, a lawyer for McCrudden who described himself as a long-time friend, said his client is not guilty.

    "He is at times ill-mannered and

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