Russian arms trafficker Bout loses bid for new U.S. trial
- Wall Street again marks new highs in post-election run
- Broadcom Ltd. (AVGO) Tops Q4 EPS by 11c
- Restoration Hardware (RH) Tops Q3 EPS by 4c; Guides Well Below the Street
- Unusual 11 Mid-Day Movers 12/8: (COOL) (TLRD) (DRAM) Higher; (SHIP) (OHRP) (MLSS) Lower
- After-Hours Stock Movers 12/08: (FNSR) (AVGO) (GLPG) Higher; (XTLY) (RH) (DLTH) Lower (more...)
Suspected Russian arms dealer Viktor Bout (C) is escorted by Drug Enforcement Administration (DEA) officers after arriving at Westchester County Airport in White Plains, New York November 16, 2010. REUTERS/U.S. Department of Justice/Handout/File Photo
Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.
By Jonathan Stempel
NEW YORK (Reuters) - A U.S. appeals court on Monday denied a new trial for Viktor Bout, a Russian arms trafficker serving a 25-year prison sentence for plotting to sell missiles to people he thought were Colombian rebels.
The 2nd U.S. Circuit Court of Appeals in Manhattan said a trial judge did not abuse her discretion by refusing to dismiss Bout's indictment and rejecting his claim that new evidence justified overturning his November 2011 conviction.
Bout, 49, was convicted of conspiring to kill U.S. soldiers by agreeing to sell arms to U.S. Drug Enforcement Administration informants posing as members of the Revolutionary Armed Forces of Colombia, or FARC.
The U.S. government has called FARC a foreign terrorist organization.
In seeking a new trial, Bout said he could not have conspired with former business associate Andrew Smulian, who testified against him at trial, because Smulian already had been recruited as a DEA informant.
But the appeals court said the evidence suggested merely that the agency "saw Smulian as a way to get to Bout."
Alexey Tarasov, Bout's lawyer, said he "respectfully disagreed" with the decision and will review legal options with his client. He said these include a possible appeal to the U.S. Supreme Court, or a possible return of Bout to Russia.
The office of U.S. Attorney Preet Bharara in Manhattan did not immediately respond to a request for comment.
An earlier appeal by Bout was dismissed by the 2nd Circuit in September 2013.
Bout, the subject of the 2007 book "Merchant of Death," was arrested in Bangkok in March 2008 following a global sting operation. He is now in a prison in Marion, Illinois, and eligible for release in January 2030.
The case is U.S. v. Bout, 2nd U.S. Circuit Court of Appeals, No. 15-3592.
(Reporting by Jonathan Stempel in New York; Editing by Bill Trott and Grant McCool)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- U.S. defense chief makes unannounced visit to Afghanistan
- Remarkable feathered dinosaur tail found in chunk of amber
- Dollar up on higher yields, euro hit by ECB's 'less for longer' decision
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!