Vincent P. McCrudden, awaiting sentencing in a Queens, New York, jail, told U.S. District Judge Denis R. Hurley in Central Islip, New York, about the offer in a letter made public Jan. 9. Settlement negotiations on Dec. McCrudden, currently awaiting sentencing in a Queens, New York, jail, told U.S. An ex-commodities trader who pleaded guilty to threatening to kill financial regulators, including Commodity Futures Trading Commission Chairman Gary Gensler, said the cftc offered to settle a civil case against him for a $175,000 fine and a lifetime ban from the industry. Executives facing trial in U.S. courts over accusations of bribing foreign officials may be encouraged to fight charges as prosecutors regroup after two courtroom setbacks and await a verdict in their largest overseas corruption probe targeting individuals. Million) in bribes in exchange for advice on the trading of derivative warrants issued by the bank.