Current:Home > InvestNew York judge rejects Indiana ex-U.S. Rep. Steve Buyer’s request to remain free pending appeal -CapitalTrack
New York judge rejects Indiana ex-U.S. Rep. Steve Buyer’s request to remain free pending appeal
Fastexy View
Date:2025-04-08 12:23:05
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
- This was the average Social Security benefit in 2004, and here's what it is now
- Rubiales loses appeal against 3-year FIFA ban after kissing Spain player at Women’s World Cup final
- George Carlin estate sues over fake comedy special purportedly generated by AI
- French President Macron joins India’s Republic Day celebrations as chief guest
- Meta releases AI model to enhance Metaverse experience
- Companies in Texas Exploit ‘Loopholes,’ Attribute 1 Million Pounds of Air Pollution to Recent Freezing Weather
- Lenny Kravitz to Receive the Music Icon Award at 2024 People's Choice Awards
- King Charles III Visits Kate Middleton as He Undergoes Procedure at Same Hospital
- Grammy nominee Teddy Swims on love, growth and embracing change
- Elle King Reschedules More Shows After Dolly Parton Tribute Backlash
Ranking
- Current, future North Carolina governor’s challenge of power
- Adult Film Star Jesse Jane, Who Appeared in Entourage, Dead at 43
- Hawaii officials identify the last of the 100 known victims of the wildfire that destroyed Lahaina
- CIA Director William Burns to travel to Europe for fourth round of Gaza hostage talks
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Bobby Berk explains leaving 'Queer Eye,' confirms drama with Tan France: 'We will be fine'
- Protesting farmers heap pressure on new French prime minister ahead of hotly anticipated measures
- Herbert Coward, who played Toothless Man in 'Deliverance,' killed in North Carolina crash
Recommendation
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Guantanamo panel recommends 23-year sentences for 2 in connection with 2002 Bali attacks
Southern Indiana man gets 55 years in woman’s decapitation slaying
Tattoo artist Kat Von D didn’t violate photographer’s copyright of Miles Davis portrait, jury says
This was the average Social Security benefit in 2004, and here's what it is now
Love Is Blind's Alexa Lemieux Is Pregnant, Expecting First Baby with Husband Brennon
New England Patriots WR Kayshon Boutte charged in illegal sports gaming scheme
Michigan man convicted of defacing synagogue with swastika, graffiti