Wednesday, March 28, 2012

Progressive Political Campaign Funds Embezzlement Case May Be Largest To Date

A legal analysis by the California state's campaign finance watchdog agency says that donations never deposited into candidate accounts by accused treasurer Kinde Durkee can be solicited a second time. But now, the multi-million dollar question in the allegations of embezzlement against Durkee: which donations were actually deposited ... and thus are now final ... and which were not? Problems! Problems! Problems! Image Credit: KQED/John Myers

Progressive Political Campaign Funds Embezzlement Case May Be Largest To Date

Ever notice how when the control freaks on the left wish apply their control over human activity, there are no boundaries to their law-making (e.g. we are already seeing how Obamacare is turning out at SCOTUS hearings) and enforcement efforts but when it comes to looking after their own activities, there exists a huge blind spot?

Look at the Obama Administration's effort to promote green energy. Solyndra became a legalized form of embezzlement through bankruptcy and a way to funnel campaign money back to the progressive cause through the Democrat Political Party.

On the other hand, these control freaks, after legally embezzling taxpayer money on a wholesale level, continued their blind spot ways when it came to the financing of their campaigns. Millions of dollars went missing for years and the facts that came to light last year are proving to be just the tip of a large embezzlement iceberg.

This excerpted and edited from Roll Call -

Campaign Treasurer to Be Charged With Embezzling Millions
By Amanda Becker - Roll Call Staff - March 27, 2012, Updated: 11:24 p.m.

Government prosecutors indicated today they are preparing to formally charge Democratic campaign treasurer Kinde Durkee with embezzling millions of dollars from dozens of political campaigns and nonprofit organizations in California.

Durkee was arrested in early September on suspicion that she used her firm Durkee & Associates to siphon nearly $700,000 from the election campaign of California Assemblyman Jose Solorio.

Since her arrest, the scope of the probe into misused funds has grown, implicating hundreds of accounts that collectively held millions of dollars raised by county-based political party groups and lawmakers who include California Democratic Sen. Dianne Feinstein and Reps. Susan Davis, Linda Sánchez and Loretta Sanchez.

Feinstein’s re-election campaign alone reported that roughly $4.5 million was missing.

The details in the government’s filing, which is called an information and used in place of a grand jury indictment, will be the first complete accounting of what is known to be the largest political embezzlement scandal to date.

Court records show at least 50 victims and a total of $7 million were involved in the case.

Documents filed earlier this week in a related property seizure case indicate that Durkee and her husband, John Forgy, are cooperating with the government’s investigation and prosecution.

Durkee and Forgy agreed on Monday that the U.S. Marshals Service could sell a piece of property they own in Burbank, Calif., that was valued at more than $600,000 in 2005. The proceeds from that sale, minus liens and unpaid taxes, will be held by the court while her case proceeds.
[Reference Here]

These folks were working the wrong end of the progressive "stolen money" pipeline ... Durkee & Associates needed to set up a green energy company, manage the taxpayer money loan assets it received from Obama's Department of Energy, declare bankruptcy, and walk away with Billions of dollars as opposed to only Millions ... here during Carter's Second Term.

** Article first published as Progressive Political Campaign Funds Embezzlement Case May Be Largest To Date on Technorati **

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