Summary
Michael Robert Milken was convicted in the U.S. District Court for the Southern District of New York of conspiracy, securities fraud, mail fraud, tax fraud, filing false reports with the Securities and Exchange Commission, and assisting a brokerage firm in violating its net capital requirements. On February 18, 2020, President Donald Trump granted Milken a full pardon covering these offenses.
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Clemency record
Pardon · February 18, 2020
Granted by Donald Trump (Republican)
Conspiracy; securities fraud; mail fraud; tax fraud; filing false reports with the Securities and Exchange Commission (SEC); assisting a brokerage firm in violating its net capital requirements
Original sentence: 24 months imprisonment · 36 months supervised release (sentenced August 5, 1992, Southern District of New York).
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