It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
PORTLAND, Oregon - An Army captain accused of stealing nearly $700,000 from the U.S. government while serving in Iraq pleaded not guilty Thursday to charges including theft of government property and money laundering.
Capt. Michael Dung Nguyen, 28, is accused of stealing more than $690,000 entrusted to him as the battalion civil affairs officer in Muqdadiyah, Iraq, between April 2007 and Feb. 24. A federal grand jury indictment alleges Nguyen used some of the money to buy two new vehicles, along with computers, electronics and furniture.
Prosecutors said the funds were designated for commanders in Iraq and Afghanistan for urgent humanitarian relief and reconstruction needs.
In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn (£88bn) in a US -directed effort to reconstruct Iraq after the fall of Saddam Hussein. The exact sum missing may never be clear, but a report by the US Special Inspector General for Iraq Reconstruction (SIGIR) suggests it may exceed $50bn, making it an even bigger theft than Bernard Madoff's notorious Ponzi scheme.