Sometimes the feds make deals that come back to bite them in the keister.
The most recent case to generate blowback for federal authorites involves its apparent decision to bury the racketeering conviction of Felix Sater, a cooperating witness in a 1998 stock scam involving the Genovese and Colombo crime families, who later went on to promote a real estate venture in Fort Lauderdale, FL which went bust as reported by Michael Sallah for The Miami Herald:
Florida investors argue they had a right to know of Sater's criminal past before plunking down millions into the plans he helped lead. * * * "They wouldn't have touched this deal," said Joe Altschul, a Fort Lauderdale attorney for 75 buyers in the failed venture. "It makes all the difference in whether you are going to invest."
If the feds wanted to bury Sater's supposed racketeering conviction involving a financial crime perhaps as a condition they should have precluded him from future employment involving investment promotions.