David Levy
Pardon by Donald J. Trump
The Case
Facts on file from the DOJ Office of the Pardon Attorney
- Offense
- Conspiracy to commit securities fraud; securities fraud
- District
- Eastern New York
- Original Sentence
- Time served; $5,000 fine (January 10, 2024)
- Clemency Type
- Pardon — full forgiveness, restores civil rights
Case Overview & Context
Plain-English summary of the case and the legal context for this type of clemency
Case Overview
David Levy was convicted in the Eastern District of New York of conspiracy to commit securities fraud and securities fraud. He was sentenced to time served and ordered to pay a $5,000 fine on January 10, 2024.
Pardon Context
A pardon is an act of presidential clemency that forgives a federal offense and restores civil rights such as voting and firearm ownership, though the conviction itself remains part of the recipient's record. Under Article II of the Constitution, the pardon power is absolute for federal offenses and requires no judicial review or approval from other branches of government. The president's personal reasoning for this specific grant is not publicly documented.
AI-generated summary based on public clemency records. The president's specific personal reasoning for this grant is not publicly documented.
Constitutional authority: Article II, Section 2 of the Constitution grants the President “Power to grant Reprieves and Pardons for Offenses against the United States.” This power is absolute for federal crimes — Congress cannot override it, and no judicial review is required. The president is not required to publish reasons for individual grants.