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FOXNEWS.COM
Rep. Rick Renzi Indicted on Federal Fraud Charges
Friday, February 22, 2008
WASHINGTON — The U.S. Attorney's office in Arizona has indicted Republican Rep. Rick Renzi on federal fraud charges relating to an alleged illegal land deal and its cover-up, and Renzi is facing calls for his early retirement.
The charges include conspiracy, wire fraud, money laundering, concealment of money laundering, transactions with criminally derived funds, extortion, insurance fraud and criminal forfeiture.
Click here to read the full indictment.
Renzi, a three-term congressmen, already said he would not seek re-election. In the sweeping indictment, federal authorities charged Renzi with a host of charges connected to a land-swap arrangement Renzi tried to execute in Arizona. His initial court appearance is scheduled for March 6.
"Public corruption creates a cynicism for government and unfairly stains legions of honest public servants," Assistant Attorney General Alice S. Fisher said in a statement. "These charges represent allegations that Congressman Renzi defrauded the public of his unbiased, honest services as an elected official."
www.foxnews.com/story/0,2933,331872,00.html
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