Difference between revisions of "Lawrence E. King"

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|description=Prosecuted for [[fraud]] but not for the [[Franklin child prostitution ring]]. Wikipedia removed his page.  
 
|description=Prosecuted for [[fraud]] but not for the [[Franklin child prostitution ring]]. Wikipedia removed his page.  
 
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}}
'''Lawrence "Larry" E. King Jr.''' is/was a multi-[[millionaire]] businessman/conman who was closely involved in the [[Franklin child prostitution ring]] which exploited children from [[Boystown]], Nebraska.<ref>http://www.unwelcomeguests.net/720</ref> He was a rising star in the Republican party and general manager of the Franklin Credit Union in Omaha in the 1980s.  
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'''Lawrence "Larry" E. King Jr.''' is/was a multi-[[millionaire]] businessman/conman who was closely involved in the [[Franklin child prostitution ring]] which exploited children from [[Boystown]], Nebraska.<ref>http://www.unwelcomeguests.net/720</ref> Throughout the 1980s, he had been described as a "GOP high-roller" and "the fastest rising African-American star" in the Republican Party. He campaigned for the 1988 presidential bid of his "personal friend" George H.W. Bush.<ref>Bryant, N. (2009). The Franklin Scandal: A Story of Powerbrokers, Child Abuse & Betrayal. United States: Trine Day.</ref> He was convicted of stealing millions from the Franklin Credit Union in Omaha during his time as its general manager in the 1980s.  
 
==Crimes==
 
==Crimes==
 
===Fraud===
 
===Fraud===
King began flaunting a lavish lifestyle. He spent excessively on parties, jewelry, and houses. This caught the attention of the IRS. Subsequent investigations found that King had stolen $40 million dollars from the Credit Union. He was sentenced to 15 years in prison for conspiracy, fraud, and filing false tax returns. He was released after serving 10 years.
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Federal agents raided King's Franklin Credit Union on November 4, 1988. The National Credit Union Administration (NCUA) would ultimately conclude that $39.4 million had been stolen. King was indicted on 40 counts that included conspiracy, fraud, and embezzlement.<ref>Bryant, N. (2009). The Franklin Scandal: A Story of Powerbrokers, Child Abuse & Betrayal. United States: Trine Day.</ref> He was sentenced to 15 years in prison and was released after serving 10 years.
 
[[image:Lawrence_King_indicted.jpg|right|200px|thumbnail|Lincoln Journal Star May 20, 1989]]
 
[[image:Lawrence_King_indicted.jpg|right|200px|thumbnail|Lincoln Journal Star May 20, 1989]]
 
==Cover-up==
 
==Cover-up==

Revision as of 17:16, 9 June 2020

Person.png Lawrence E. King  Rdf-entity.pngRdf-icon.png
(fraudster, blackmailer, deep state actor, paedophile)
Lawrence E. King.jpg
Prosecuted for fraud but not for the Franklin child prostitution ring. Wikipedia removed his page.

Lawrence "Larry" E. King Jr. is/was a multi-millionaire businessman/conman who was closely involved in the Franklin child prostitution ring which exploited children from Boystown, Nebraska.[1] Throughout the 1980s, he had been described as a "GOP high-roller" and "the fastest rising African-American star" in the Republican Party. He campaigned for the 1988 presidential bid of his "personal friend" George H.W. Bush.[2] He was convicted of stealing millions from the Franklin Credit Union in Omaha during his time as its general manager in the 1980s.

Crimes

Fraud

Federal agents raided King's Franklin Credit Union on November 4, 1988. The National Credit Union Administration (NCUA) would ultimately conclude that $39.4 million had been stolen. King was indicted on 40 counts that included conspiracy, fraud, and embezzlement.[3] He was sentenced to 15 years in prison and was released after serving 10 years.

Lincoln Journal Star May 20, 1989

Cover-up

The New York Times Dec, 18, 1988

Wikipedia removed his page, and refuses to admit that the Franklin child prostitution ring existed.


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References

  1. http://www.unwelcomeguests.net/720
  2. Bryant, N. (2009). The Franklin Scandal: A Story of Powerbrokers, Child Abuse & Betrayal. United States: Trine Day.
  3. Bryant, N. (2009). The Franklin Scandal: A Story of Powerbrokers, Child Abuse & Betrayal. United States: Trine Day.


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