PHOENIX -- Northern Arizona Congressman Rick Renzi was indicted today on charges of extortion, wire fraud, money laundering and other matters in a scam involving an Arizona land swap.
The 26-page indictment says the scam allegedly helped Renzi collect hundreds of thousands of dollars in payoffs.
The indictment accuses Renzi and a former business partner of extortion and conspiring to promote the sale of land that buyers could swap for property owned by the federal government.
The indictment says that as part of the alleged scam, Renzi and James Sandlin concealed at least $733,000 that the congressman took for helping seal the land deals.
Renzi and another business partner, Andrew Beardall, are accused of embezzling more than $400,000 in insurance premiums to fund Renz's first congressional campaign.
Friday, February 22, 2008
As Sweaterman noted, our dear corrupt congress critter, Rick Renzi, has finally been indicted. Time for a tattoo'd pig:
Long overdue, probably obstructed by the Gonzalez justice department, Renzi's going to face charges. He's been a "congressman for sale" from the beginning, and we'll be glad to be rid of him. In a way it bothers me that it's taken so long to charge him, as his crimes were obvious and well known. Renzi is a classic example of Republican values, soliciting bribes to support his 12 children. I really hope he ends up doing time.