The United States Supreme Court upheld the illegality of government officials accepting bribes in one of the strangest cases of the court’s term. In Snyder v. United States, all nine justices held that federal law prohibits state and local government officials from agreeing to and accepting bribes.
However, in addressing a specific statute—18 U. S. C. §666—the Supreme Court split six to three over whether the law applies to so-called ‘gratuities.’ The majority determined that “…666 proscribes bribes to state and local officials but does not make it a crime for those officials to accept gratuities for their past acts.” The justices reasoned that other federal statutes likely covered the issue of gratuities, but the specific language of 18 U. S. C. §666 only applies to bribes.
Snyder v. United States stems from a challenge filed by James Snyder, the former mayor of Portage, Indiana. In 2013, as mayor, Snyder had awarded several city contracts to two firms that would supply garbage trucks. Later, the mayor received a $13,000 check from one of those firms. Snyder claims the check was a payment for consulting work. However, federal prosecutors contended—and a jury agreed—that the payment was a gratuity for awarding the contracts. Snyder was convicted under 18 U. S. C. §666 and sentenced to just over a year and a half in prison. […]
— Read More: thenationalpulse.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.