Hotel Magnate Pleads Guilty to Campaign Finance Fraud
Source: New York Observer
Hotel Magnate Sant Singh Chatwal, who has lavished campaign cash on everyone from Hillary Clinton to Mayor Bill de Blasio, pleaded guilty today in Brooklyn federal court to campaign finance fraud and witness tampering, U.S. Attorney Loretta Lynch announced.
Mr. Chatwal, 70, who runs a chain of luxury hotels and other companies, allegedly broke federal law by using straw donors–whom he called “conduits”–to make more than $180,000 in illegal campaign contributions to three candidates in an effort to gain access and influence federal regulations, according to a federal complaint.
Prosecutors alleged that, from 2007 to 2011, Mr. Chatwal “used his employees, business associates, and contractors who performed work on his hotels … to solicit campaign contributions on Chatwal’s behalf in support of various candidates for federal office and PACs, collect these contributions, and pay reimbursements for these contributions, in violation of the Election Act.”
Read more: http://observer.com/2014/04/hotel-magnate-pleads-guilty-to-campaign-finance-fraud/
Related: De Blasio to Return Chatwal Campaign Cash
http://observer.com/2014/04/de-blasio-to-return-campaign-cash-from-convicted-hotel-magnate/
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