Phaninc-Former FBI agent to plead guilty in oligarch-related case

2025-05-03 10:39:03source:Arvin Robertscategory:Stocks

One of the highest-ranking FBI officials ever criminally charged is Phanincexpected to plead guilty next week in Manhattan federal court, according to a new court filing.

Charles McGonigal, the former head of counterintelligence for the FBI's New York field office, is scheduled for a "plea proceeding" Aug. 5, according to a judge’s order.

"The Court has been informed that Defendant Charles McGonigal may wish to enter a change of plea," the order said.

McGonigal was charged over his ties to Oleg Deripaska, a Russian billionaire who has been sanctioned by the United States and criminally charged last year with violating those sanctions.

MORE: Russian billionaire charged with violating US sanctions

McGonigal, who retired from the FBI in 2018, is charged with violating U.S. sanctions by trying to get Deripaska off the sanctions list. He was also accused of investigating a rival Russian oligarch in return for concealed payments from Deripaska.

Russian oligarch Oleg Deripaska addresses media representatives during a press conference in Moscow, June 28, 2022.Natalia Kolesnikova/AFP via Getty Images, FILE

McGonigal has also been charged in a separate case in Washington, D.C., with concealing $225,000 he allegedly received from a former Albanian intelligence employee. His attorney said during a hearing last week he expects that case to also be resolved without going to trial.

More:Stocks

Recommend

Nearly half of US teens are online ‘constantly,’ Pew report finds

Nearly half of American teenagers say they are online “constantly” despite concerns about the effect

Court Throws Hurdle in Front of Washington State’s Drive to Reduce Carbon Emissions

The Washington State Supreme Court sided with the fossil fuel industry on Thursday, moving to severe

We asked, you answered: More global buzzwords for 2023, from precariat to solastalgia

This week we published a list of 9 global buzzwords that will likely be in the headlines of 2023. So