Over three years, James Woosley and at least five other ICE employees scammed the agency by fabricating expenses for trips that were never taken and for hotel, rental car and restaurant expenses that did not exist, according to court records.

His son, also named James Woosley, and live-in girlfriend, Lateisha Rollerson -- both ICE employees -- allegedly ran the scam out of the elder Woosley's two Virginia homes.

Here's how it worked, according to court records:

ICE employees traveled to Washington, D.C., on business, but instead of staying at a hotel, they stayed with Woosley. Rollerson allegedly created false receipts from hotels like the local Marriott, while Woosley approved their fraudulent expense reports and charged each employee a kick-back fee for half the amount.

Prosecutors accused Woosley of receiving about $160,000, some of which he used to buy a new house and a boat.

Sources inside ICE tell Fox News the scam represents total breakdown of oversight within the agency, especially given the periodic background checks and financial examinations given to agents working within the sensitive Office of Intelligence."

I don’t think chicanery will ever disappear.

I think man will always try to get away with what he thinks he can.

You should see the Massachusetts political landscape.

Harsh punishments for adults who are supposed to have the public’s best interest in mind, I believe is appropriate.

“Free markets plunder and cheat to gain excess profits”

Wow! Free markets use supply and demand to utilize resources most efficiently.

Who determines what “excess profits” are?

Free markets allow citizens to engage in transactions that result in both parties attaining satisfaction.

Capitalism (not crony capitalism) is not a zero sum game.

“Free markets plunder and cheat to gain excess profits”

I don’t even think Marx would give that credence.

Wall, the Utopian scenarios have been a dream (an admirable one) of Socialists for thousands of years.

IMO, free markets have come the closest to realizing this than any collectivist/socialist programs.

I think our nature as humans destroy the concept of collectivism.

Man, IMO, will always pursue what’s best for himself.

With free markets, IMO, doing so benefits not only the free marketeer, but also the greatest number of people.

The core principal of free markets cannot be maintained on a large scale,

Could you, time permitting, give me an example of what you mean, Wall?

Transparency.. without it free markets are a farce

No argument there, brother.

“Reasonable profits” is, IMO, a troubling term.

It’s up to us to determine what’s reasonable?

Ophra’s 250 million (probably more) a year earnings.

Carl Pavano, who got mega millions from the Yanks for being on the DL for 5 years.

Isn’t  “reasonable” up to the person who’s paying these folks?

I have no idea why free markets are ever discussed

Are not deliberation and discussion a valued and cherished characteristic of our humanity?

Hello. My screen has cut off some of the ending of your sentences. If I misquote, it’s unintentional.

“The concept of free markets in its most simple and pure form is where buyer and seller create an exchange where a reasonable service or good is exchanged.”

I’m a little skeptical about the phrase “…where a reasonable service or good is exchanged.”

Whether a service is reasonable or not is to be determined by the participating parties, not by you or me, no?

“In the free markets concept both buyer and seller have full, transparent information to make a completely educated decision.”

I’m not sure that’s correct. Sometimes a buyer does not have full information about the product or service he’s buying. Maybe he or she didn’t do their homework. Didn’t you ever hear of the maxim “buyer beware”?

“Fair profits are not Oprah making 250M or Pavano's contract or current CEO contracts.”

Right. There is no such thing as “fair profits”. The enormous salaries taken in by Ophra and Pavano (referring to his Yankee contract) are neither fair nor unfair. It’s what their employers though they were worth at that time.

If 5 guys knowingly used carcinogens in their food products, word would get out. They’d be sued, and if not made defunct, would certainly suffer from lost customers.

However the burger joint who was more conscientious of the quality of their product, more efficient in serving a safe and enjoyable product, would knock 5 Guys out of business. Then, if successful, he’d open more outlets, serving more people and employing more people. For his rewards, I’m sure he’d be called “greedy”.

everything WallStreetCappers is saying is COMMUNISTIC!

kinda like how he said in that other thread about guns.....

HE JUST SAID FREE MARKETS DONT WORK!

daddy government is the answer!!!!!!  

 my god..... some people