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Fri Apr 27, 2012, 03:27 PM

Campaign treasurer for NYC comptroller indicted

Source: Reuters

Campaign treasurer for NYC comptroller indicted

Fri Apr 27, 2012 2:55pm EDT

(Reuters) - The campaign treasurer for New York City Comptroller John Liu has been indicted for making a false statement to federal officials, according to a court filing, further weakening Liu's bid to become mayor in 2013.

In February, Liu's campaign treasurer, Jia Hou, was arrested and charged with fraud for violating contribution limits. Prosecutors said she had used "straw donors" to funnel large, illegal contributions to Liu's mayoral campaign.

Straw donors make a campaign contribution in their own names but with funds provided by someone else, or are reimbursed for the donation later. Prosecutors say the scheme illegally boosted the amount of campaign matching funds for which Liu qualified.

The comptroller is the city's fiscal watchdog and helps oversee its $110 billion pension fund. Democrat Liu, who was born in Taiwan, is the city's most prominent Asian-American politician.

-snip-


Read more: http://www.reuters.com/article/2012/04/27/us-newyork-comptroller-idUSBRE83Q14N20120427

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Reply Campaign treasurer for NYC comptroller indicted (Original post)
Eugene Apr 2012 OP
Ian David Apr 2012 #1
DCKit Apr 2012 #2

Response to Eugene (Original post)

Fri Apr 27, 2012, 03:32 PM

1. The idiot should have just formed a SuperPAC. Duh! n/t

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Response to Eugene (Original post)

Fri Apr 27, 2012, 03:35 PM

2. "...is the city's most prominent Asian-American politician."

 

WAS the city's most prominent Asian-American politician.

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