"You’ll wear a wire on anyone we tell you to, you know everybody in this town," said Chicago FBI agent Patrick Murphy to former insurance broker Michael Segal.
But when Segal refused to cooperate and wear the wire as directed, he was arrested immediately, triggering a pre-planned raid with dozens of FBI agents descending on his homes and offices in Chicago within minutes.
The case of Michael Segal, CEO of Near North Insurance — a small firm in Chicago, that under his leadership grew into the fifth largest independent insurance brokerage company in the U.S. is yet another tragic story of prosecutorial misconduct.
In Segal’s case, not only did overzealous prosecutors with uncontrolled power destroy his life and drive him into financial ruin, but they also destroyed his $250 million insurance brokerage firm, forcing 1,000 people to lose their jobs.
Sadly however, Segal is not alone.
Many may recall the case of Sholom Rubashkin, the CEO of Agriprocessors, the largest kosher meat processing plant in the U.S. He was convicted of routine business practices in 2009. After federal authorities raided his business, Agriprocessors was forced to file for bankruptcy during a time when he was trying to sell his company. In the end, lenders lost $27 million.
On Dec. 20, 2017 President Trump commuted Rubashkin’s sentence after lawmakers, law enforcement officials and legal experts argued that his case was filled with prosecutorial misconduct.
Even then-U.S. House Democratic leader Nancy Pelosi signed a letter urging the president to send Rubashkin home.
And Senate Minority Leader Chuck Schumer expressed his support.
In 2001, federal prosecutors targeted the accounting firm Arthur Anderson, accusing them of obstruction of justice and destroying documents related to their work with Enron. In 2002, Arthur Anderson was convicted, destroying the firm and causing more than 28,000 employees to lose their jobs.