Federal agents raid Caterpillar offices in central Illinois

[Judi Lynn]

Source: Associated Press

Federal agents raid Caterpillar offices in central Illinois
Updated 1:02 pm, Thursday, March 2, 2017



PEORIA, Ill. (AP) Federal law enforcement officials executed a search warrant at three Caterpillar facilities in central Illinois on Thursday, officials said.

Caterpillar spokeswoman Corrie Heck Scott said in an email Thursday that the company is cooperating with law enforcement but didn't comment further.

Sharon Paul, a spokeswoman for the U.S. Attorney's office in Springfield, said "federal law enforcement activity" was being conducted at three Caterpillar locations including the corporate headquarters in Peoria and facilities in East Peoria and Morton.

Paul said the Internal Revenue Service's criminal investigation unit, the U.S. Department of Commerce Office of Export Enforcement and the Federal Deposit Insurance Corp.'s office of inspector general are involved in the raids. She declined to comment further.

Read more: http://www.chron.com/news/nation-world/nation/

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Link corrected, with help!

[randome]

1. I believe you have the wrong link.

[hr][font color="blue"][center]A ton of bricks, a ton of feathers, it's still gonna hurt.[/center][/font][hr]

[Judi Lynn]

3. Oh, Jeez. I was rushing. Thank you for the alert.

[randome]

10. A co-worker lost his job at Caterpillar not long ago and now works next to me.

Interesting what goes on in a town like Peoria that is basically a company town.
[hr][font color="blue"][center]A ton of bricks, a ton of feathers, it's still gonna hurt.[/center][/font][hr]

[Tiggeroshii]

2. correct link

http://www.chicagotribune.com/business/ct-law-enforcement-search-caterpillar-0303-biz-20170302-story.html

[Judi Lynn]

4. Thanks for supplying a missing link for this story. n/t

[Bernardo de La Paz]

5. Link is NOT corrected. Front page stories change all the time. Need to link to the ARTICLE. . . nt

[Tiggeroshii]

6. ..

http://www.chicagotribune.com/business/ct-law-enforcement-search-caterpillar-0303-biz-20170302-story.html

[Bernardo de La Paz]

8. Thanks but that's not a link to the AP article or the OP's Houston Chronicle article

I found it here http://www.chron.com/news/crime/article/The-Latest-Feds-raid-Caterpillar-offices-in-10972280.php but we shouldn't have to dig for links that the Original Poster could put into the Original Post.

[msongs]

9. these days linking to the original source is happening less and less nt

[haele]

7. Well, well, well...

Someone high level at Caterpillar must have not backed off a contract dispute or pissed off someone in the Executive Branch food chain.

IRS doesn't usually go after the big guys unless they get a green light to do so from someone at the Cabinet level, even if they really do want to - IME, the Government doesn't want to impact "Big Business" that also furthers U.S. policy unless they no longer have that much use for that Business.

Haele

[Crash2Parties]

11. Closest competetor is Deere & Co..

Guess which current President of the USA bought into Deere stock?

He also promised to build his wall using Caterpillar & Deere equipment.

Btw, Caterpillar has plants in China and had to shut down 5 plants a year ago, sooo it won't take much to really hurt them.

Which would be a boon to Deere.

[ozone82]

12. More Detail Here

[link:http://abcnews.go.com/US/wireStory/federal-agents-raid-caterpillar-offices-northern-illinois-45860528|

[Nitram]

13. Is it possible they were looking for Russian connections?

I believe Caterpillar does a lot of business with Russia.