Tim Leiweke

Tim Leiweke speaks during the 15th Annual Sports Business Journal Awards ceremony at New York Marriott Marquis Hotel on May 18, 2022 in New York City.

(Photo by John Lamparski/Getty Images)

'Pro-White Collar Crime': Trump Pardons Former Executive Indicted by His Own DOJ

"This president serves the ultra-wealthy—not working people," said one watchdog group.

US President Donald Trump on Wednesday granted a full, unconditional pardon to former entertainment venue executive Tim Leiweke, who was indicted just months ago by Trump's own Justice Department for "orchestrating a conspiracy to rig the bidding process for an arena at a public university."

Leiweke, who expressed "profound gratitude" for the pardon, stepped down as CEO of Oak View Group in July, on the same day that the Justice Department’s Antitrust Division announced the indictment.

The longtime sports executive was accused of conspiring with the CEO of a competitor to rig bidding for the development of the $375 million, 15,000-seat Moody Center at the University of Texas at Austin. Assistant Attorney General Abigail Slater said the scheme "deprived a public university and taxpayers of the benefits of competitive bidding."

Leiweke pleaded not guilty to the charge, which carried a maximum prison sentence of 10 years.

Bloomberg observed that the pardon comes "just before Leiweke is scheduled to be deposed by lawyers for the Justice Department and Live Nation Entertainment Inc. on Thursday in the DOJ’s separate civil antitrust case against the company and its subsidiary Ticketmaster."

"Leiweke earlier unsuccessfully tried to avoid the deposition, citing liability from then pending criminal charges, according to court records," Bloomberg added.

Federal investigators have accused Oak View Group, Leiweke's former company, of quietly receiving kickbacks for promoting Ticketmaster services at Oak View Group venues.

The pardon was announced on the same day that Trump granted clemency to US Rep. Henry Cuellar (D-Texas), who faced bribery and money laundering charges. Days earlier, the president commuted the prison sentence of a former private equity executive convicted of defrauding more than 10,000 investors.

"Private equity CEO David Gentile was sentenced to seven years for defrauding investors of 1.6 BILLION," the watchdog group Public Citizen wrote Wednesday. "But Trump commuted his sentence. This isn't the first time Trump has helped the corporate class evade accountability. This president serves the ultra-wealthy—not working people."

Antitrust advocate Matt Stoller accused Trump of advancing a "straightforward pro-white collar crime agenda" by using his pardon power to rescue fraudsters from prison time.

"Trump's pro-white collar crime agenda seems pretty open at this point," Stoller wrote in response to the Cuellar pardon.

As the New York Times reported earlier this year, Trump has employed "the vast power of his office to redefine criminality to suit his needs—using pardons to inoculate criminals he happens to like, downplaying corruption and fraud as crimes, and seeking to stigmatize political opponents by labeling them criminals."

"An offshoot of this strategy is relegating white-collar offenses to a rank of secondary importance behind violent and property crimes," the Times noted. "He has even tried to create a new red-alert category—what he calls 'immigrant crime,' even though studies have shown that immigrants are not more likely to commit violent offenses than people born in the country."

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