Federal clemency record
Marc David Rich
Also known as: Marcell David Reich
December 18, 1934 – June 26, 2013
Summary
Marc David Rich, an oil trader indicted in 1983 on 51 counts including federal income tax evasion, wire fraud, and violations of the Trading with the Enemy Act for purchasing Iranian oil during the 1979–1981 embargo, fled to Switzerland before trial. President Bill Clinton granted him a pardon in absentia on January 20, 2001, his final day in office.
Clemency record · 1 grant
Pardon · January 20, 2001
Granted by Bill Clinton (Democratic)
Indicted in 1983 on 51 counts including federal income-tax evasion, wire fraud, and trading with the enemy (purchasing Iranian oil during the 1979–81 hostage embargo). Fled to Switzerland before trial; pardoned in absentia on his last day in office by President Clinton.
Counts of conviction
- Tax Evasion — Charged with attempt to evade or defeat federal income tax under 26 U.S.C. § 7201. (26 U.S.C. § 7201)
- Trading with the Enemy Act — Charged with violating the Trading with the Enemy Act for oil purchases from Iran during the federal embargo. (50 U.S.C. App. § 5 (Trading with the Enemy Act))