Summary
Marc David Rich (also known as Marcell David Reich), born December 18, 1934, was indicted in 1983 on 51 counts including federal income-tax evasion, wire fraud, and trading with the enemy related to the purchase of Iranian oil during the 1979–81 hostage embargo. Rich fled to Switzerland before trial. On January 20, 2001, President Bill Clinton issued a pardon in Rich's absence on his final day in office.
Grant timeline
Clemency record
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))