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Blackwater Boss ‘Probed for Corruption’

HOT WATER

Erik Prince denies fraud.

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TIM SLOAN

Founder of former mercenary firm Blackwater and ex-Navy SEAL Erik Prince is under investigation by the U.S. Department of Justice for alleged money laundering and attempting to broker military services to foreign governments. The Intercept reported Thursday that “multiple sources” confirmed the investigation, which is said to have begun as a probe into Prince’s alleged endeavors to sell defense services in Libya. The DOJ is looking in to accusations that Prince received assistance from Chinese intelligence in that quest. Through his lawyer, Victoria Toensing, Prince said he was not aware of a federal investigation. Toensing called the money-laundering allegations “total bullshit.” Prince reportedly added that he had not offered any defense services in Libya.

Read it at The Intercept