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By Steve Rensberry
----------------------------------- (RPC) - 1/18/2011 - Asset manager and commodities trader Vincent P. McCrudden of Dix Hills, NY, was charged on Jan. 14 with threatening to kill 47 U.S. officials, each of whom held various responsibilities in the regulation of the financial industry.
Agents apprehended McCrudden at Newark Liberty Airport in Singapore. He is being represented by defense attorney Bruce Barket and is being held without bail.
McCrudden, who had been living in Singapore, is a 20-year veteran of Wall Street and CEO of Alnbri Management, LLC, of Long Beach, New York.
Threats were alleged to have been made via e-mail against numerous active and former officials with the U.S. Securities and Exchange Commission, the National Futures Association, The U.S. Commodities Futures Trading Commission and the Financial Industry Regulatory Authority.
According to a summary of the case released by the U.S. Department of Justice, McCrudden, 49, faces two counts of transmitting death threats, each of which carries a maximum prison sentence of five years.
In one instance McCrudden is alleged to have stated in an e-mail sent to an NFA employee that "it wasn't ever a question of 'if' I was going to kill you, it was just a question of when. And now, that question has been answered. You are going to die a painful death."
McCrudden also posted threats on a website under his control, urging people to "buy a gun and take back the country," the DOJ announcement said.
"On another page on his website, the defendant included and 'Execution List' with the names of 47 current and former officials of the SEC, FINRA, NFA, and CFTC. That list included the chairperson of the SEC, the chairman of the CFTC, a former acting chairman and commissioner of the CFTC, the chairman and CEO of FINRA, the former chief of enforcement at FINRA, and other employees of the NFA and CFTC."
Furthermore, McCrudden upped the ante by offering a reward of $100,000 to anyone who could supply personal information about such officials and proof of their punishment.
The complain alleges that McCrudden began his threats not long after the CFTC filed a civil enforcement suit in early December, 2010, the latest in a string of disciplinary actions by regulatory agencies over many years.
Business Insider has reported on a number of McCrudden's alleged threats here, in particular those made against Dan Driscoll of the National Futures Association.
The charges were announced by Loretta E. Lynch, United States Attorney for the Eastern District of New York; Lanny A. Breuer, Assistant Attorney General of the Criminal Division, United States Department of Justice; and Janice K. Fedarcyk, Assistant Director-in-Charge, Federal Bureau of Investigation, New York Field Office.
Lynch stressed the importance of the government's case.
"In this day and age, there is no such thing as an idle threat. Those who threaten injury or worse to the lives of others will be promptly investigated and vigorously prosecuted," Lynch said.
The website of Alnbri Management, LLC says that McCrudden has two children and is a former soccer player with the University of Rhode Island and at one time played professionally for the Tampa Bay Rowdies and the Minnesota Strikers, in addition to being an amateur boxer and having raised money for slain and disabled officers with the New York Police Department.
But the site also contains this statement:
"Mr. McCrudden has spent the past 13 years and counting combating a colluded Government attempt to discredit and harass Mr. McCrudden through repeated bogus procedures. Mr. McCrudden has sought relief by suing multiple agencies and officials for $1 Billion. But this has not stopped certain higher ranking officials because they know that Judges are Government employees too. In order to stop the libel, slander and harrassment at the hands of these entities, and with no available forum in the US justice system, Mr. McCrudden has started a process to enact payback for years of Government abuse." See: Alnbri Management.
According to the site, McCrudden claims to be a two-time survivor of the World Trade Center bombings and to have lost 23 friends in the tragedy.
"Wake up my fellow citizens and middle class and go look into the mirror, because you my friends are the face of the new Al Qaeda! Civil disobedience can be a start for justice. Its us (middle class) against them (Government officials and the Bourgeosie). Start acting now before its too late!" the site says.
