EDITORIAL: Indictment depicts Seth Williams' greedy side - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
March 24, 2017 Newswires
Share
Share
Post
Email

EDITORIAL: Indictment depicts Seth Williams’ greedy side

Philadelphia Daily News (PA)

March 24--IN LATE January 2012, District Attorney Seth Williams opined that "greed" drove a dentist and his daughter to defraud insurance companies out of nearly $5 million.

"This is a case that only happened because of greed," Williams was quoted at the time. "He could have continued making a more comfortable living than probably 98 percent of all Americans as a dentist, but because he saw this as an opportunity, he took it."

Two weeks later, Williams and his girlfriend were on their way to a luxury resort in the Dominican Republic for a vacation, allegedly paid for by a businessperson in exchange for favors from the D.A. That's part of a 23-count indictment against Williams released this week that includes honest services fraud, wire fraud and bribery-related charges.

In November, while vacationing in Maryland, he spent money in a restaurant and supermarket, allegedly from an account earmarked for his mother's nursing home care -- an account from which he ultimately looted over $20,000 for his personal expenses, according to the indictment.

Two weeks after that vacation, Williams cited "greed" again as the motivator for contractor Griffin Campbell, arrested for his part in the shoddy demolition of a building at 22nd and Market that collapsed and killed six people.

These are just a few samples from the ironic contrasts between Seth the District Attorney and Seth the Big Spender, drawn from a long list of the numerous gifts, cash and travel accepted by Williams from 2012 to 2015, laid out in this week's 50-page indictment. That indictment claims that what Williams reaped, he returned in the form of favors and offers to use his office to help associates with legal and criminal problems.

He has pleaded not guilty and presumably will fight this in court. He already was handed a whopping fine for failure to report an entirely separate set of pricey gifts, and the city might try to recoup the legal expenses it has paid to date for his legal defense. Given his money woes, it's not clear he will resign -- although he should. It's impossible to imagine how the D.A.'s office can work effectively if he remains at the helm.

In the face of these charges, we are struck with a number of questions: What was he thinking? How can a $200 tie be worth compromising the credibility and trust of the D.A.'s office? When Williams loudly proclaimed these cases of other people's greed, did he feel the slightest twinge of discomfort about his own apparently unquenchable thirst for luxury gifts? How can there be such a stunning disconnect between his public life -- as a fighter for justice and reform -- and his private choices? That's the heart of the mystery for many of the fallen elected officials who have come before him.

This is not the first instance of public officials falling from grace (Chaka Fattah, Vincent Fumo), nor will it be the last. That leads us to wonder: Are there larger questions we're not asking about the people we elect that might prevent more cases like this? Is there something about public office that fosters entitlement and arrogance in certain people?

We'd like to imagine the indictment prompts some soul searching on Williams' part.

Unfortunately, much of that could be happening in federal prison.

___

(c)2017 the Philadelphia Daily News

Visit the Philadelphia Daily News at www.philly.com

Distributed by Tribune Content Agency, LLC.

Older

Patent Issued for Microwave Disinfection and Sterilization (USPTO 9592313)

Newer

New York Life Insurance Co Files SEC Form SC 13G/A, Statement of Acquisition of Beneficial Ownership By Individuals (Mar. 10, 2017)

Advisor News

  • Report: Many Americans paying up to 45% of annual income on auto loans
  • Latest state budget raises taxes on Californians, ignores voter priorities
  • What advisors and clients must know about Roth conversions
  • Worker retirement confidence dips to lowest level in a decade
  • What’s behind private equity investment in insurance brokerages
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Why annuities are gaining traction with younger investors
  • Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
More Annuity News

Health/Employee Benefits News

  • California Democrats vote to raise healthcare premiums: Some by 97 percent
  • Free transit, free medical care announced at meeting
  • CareFirst accuses Maryland insurance brokers of overseeing $50M fraud
  • Symetra Partners with PlanSource to Streamline Workforce Benefits Administration
  • California is getting ready to increase a health insurance tax. Will it affect your premium?
More Health/Employee Benefits News

Life Insurance News

  • Avoid the ‘summertime slump:’ Strategies to remain productive
  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Symetra Partners with PlanSource to Streamline Workforce Benefits Administration
  • Royal Neighbors of America achieves record growth
  • Only 1 in 4 Americans Think Now Is A Good Time To Invest, Allianz Life Study Finds
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet