(Reuters) - Sometimes the subject of a “perp walk” turns out to be innocent. Here are a few cases where that happened.
The Kidder Peabody trader was arrested on February 13, 1987, and led from his office handcuffed and crying. Two and a half years later, the insider trading investigations of Wigton and Timothy Tabor, another trader arrested that day, were called off. The New York Times noted the investigation was halted “with nary an apology” to Wigton and Tabor. Wigton retired in 1989 and died in 2008.
RALPH CIOFFI and MATTHEW TANNIN
The two former Bear Stearns hedge fund managers were arrested on June 19, 2008, on conspiracy and securities fraud charges related to the collapse of two funds they ran that lost $1.6 billion. Although they surrendered to officials, they were still subjected to a perp walk en route to their arraignment. After a month-long trial in which the defense called only three witnesses, Cioffi and Tannin were acquitted. “We’re going home with the family for dinner, opening a bottle of wine and we’re just going to relax,” Cioffi told reporters after the verdict.
IRVING and CHRIS LORENZO
The rap mogul brothers, better known as Irv and Chris Gotti, surrendered to authorities in January 2005. They were charged with laundering more than $1 million in drug money through their music label, Murder Inc. “They don’t call it gangsta rap for nothing,” New York City Police Commissioner Raymond Kelly said. When the brothers were acquitted in January 2005, the verdict resulted in “jubilant cheers and pandemonium,” the New York Times reported. “I‘m not mad. I love this country. But from day one, they had it wrong with me and my brother. I‘m no criminal,” Irv Gotti said.
Though he was taken in an unmarked police car after being arrested at his sister’s home, actor Robert Blake was still snapped by photographers as he was walked into Los Angeles police headquarters in 2002. Blake was wearing a white t-shirt, a green baseball cap and handcuffs. He was charged with shooting his wife, Bonny Lee Bakley, outside of an Italian restaurant. The former TV detective was acquitted in 2005.
Reporting by Erin Geiger Smith; Editing by Eileen Daspin