Finding the ‘Right’ Way to Dispose of Ill-Gotten Gains: Charity – NYTimes.com

Finding the ‘Right’ Way to Dispose of Ill-Gotten Gains – NYTimes.com.

Mr. DiBiagio, now a partner at the law firm Baker Botts in Washington, reported what he found to the company’s management and suggested something novel: Since the money had been earned “from aggressive business practices” — a euphemism for a crime he would not name — the company should give it to charity.

The company, which he described as a $35 billion to $40 billion business listed on a United States stock exchange, agreed.

“It was sock drawer money to them,” said Mr. DiBiagio, a former federal prosecutor for Maryland.

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