The Justice Department has expanded its case against former Rep. Rick Renzi (R-Ariz.), adding five new corruption charges. Prosecutors added insurance fraud and racketeering accusations in a second superseding indictment filed in late September. It is the second time the government has added charges to the original indictment, first filed in February 2008.
The government added a conspiracy to commit insurance fraud charge to the indictment. Explaining the charge, the government argued that Renzi, co-defendant Dwayne Lequire and others willfully embezzled funds and premiums from a risk retention company called Spirit Mountain to pay Renzi’s “substantial personal expenses.” Lequire helped conceal the embezzlement by transferring other funds into accounts of Renzi’s insurance company, Patriot Insurance, including proceeds from a line of credit and the real estate deal at the heart of the corruption case against him, the prosecutors allege.
Renzi is accused of telling executives for Resolution Copper Mining that he would not support a land swap bill unless they bought his former business partner’s property. Another company agreed to the deal, and Renzi pocketed more than $700,000 from it, according to the indictment.
http://thehill.com/homenews/administration/61723-feds-expand-case-against-renzi
So keep it up, Rick. The longer you stall, the more of your crimes will come to light. If you succeed in postponing your trial to January, you might be facing 50 charges or more.
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