Thursday, September 15, 2005

Former Democratic National Committee Finance Chair Pleads Guilty to Attempted Extortion

It must the the time of year when prosecutions related to political officials come to fruition.  An AP story (here) discusses the guilty plea of Joseph Cari, who served as Finance Chair of the Democratic National Committee, for demanding that an investment company hire a sham consultant for $850,000 if it wanted to manage funds on behalf of the Illinois Teachers Retirement System.  Cari was indicted on August 3 along with Stuart Levine, a trustee of the System, and Steven Loren.  Both Cari and Levine are attorneys.  Just this week we have seen the indictment of a Massachusetts Republican party official (earlier post here) and the reindictment of individuals in connection with a political action committee founded by House Majority Leader Tom DeLay (earlier post here). (ph)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2005/09/former_democrat.html

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