Pincus Green
Encyclopedia
Pincus Green is an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 oil and gas commodities trader whose net worth is estimated by Forbes magazine at $1.2 billion USD. Green fled the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 in 1983, along with partner Marc Rich
Marc Rich
Marc Rich is an international commodities trader and entrepreneur. He is best known for founding the commodities company Glencore. He was indicted in the United States on federal charges of illegally making oil deals with Iran during the late 1970s-early 1980s Iran hostage crisis and tax evasion...

, after being indicted by U.S. Attorney and future mayor of New York City
Mayor of New York City
The Mayor of the City of New York is head of the executive branch of New York City's government. The mayor's office administers all city services, public property, police and fire protection, most public agencies, and enforces all city and state laws within New York City.The budget overseen by the...

 Rudolph Giuliani, on charges of tax evasion
Tax evasion
Tax evasion is the general term for efforts by individuals, corporations, trusts and other entities to evade taxes by illegal means. Tax evasion usually entails taxpayers deliberately misrepresenting or concealing the true state of their affairs to the tax authorities to reduce their tax liability,...

 and illegal trading with Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...

.

Green received a controversial presidential pardon
Pardon
Clemency means the forgiveness of a crime or the cancellation of the penalty associated with it. It is a general concept that encompasses several related procedures: pardoning, commutation, remission and reprieves...

, along with Marc Rich, from United States President Bill Clinton
Bill Clinton
William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...

 in 2001. Although the pardon allows Green to return to the United States, he is reluctant to do so and has not returned.

It has been reported that Green has been in retirement since he underwent heart surgery in late 1990.
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