Calif. Democratic treasurer perpetrated $7M fraud

AP via SFGate ^ | 3/27/10 | TOM VERDIN and DON THOMPSON, Associated Press

[SmithL]

Sacramento, Calif. (AP) -- Federal prosecutors say in a court filing that Democratic campaign treasurer Kinde Durkee defrauded at least 50 candidates, officeholders and political organizations out of $7 million in a scheme that dates back more than a decade.

The U.S. attorney's office in Sacramento filed the new charges in federal court late Tuesday, providing the most detailed account to date in a case that has left some Democratic candidates scrambling for campaign cash in an election year.

[Liz]

Kinde had signature control over some 700 accounts. In one example, $23,000 taken from Dianne Feinstein's account was (supposedly) used to help pay Kinde's American Express credit card charges from the Los Angeles Dodgers, Amazon.com, Disneyland, Trader Joe's and Turners Outdoorsman. Other misappropriations from Feinstein's account covered payments for a Long Beach condo owned by Durkee and went to the 401(k) plan for Kinde's employees.

Interesting that Di/Fi "n-e-v-e-r" noticed all tbat missing money (/snix).

Methinks Kinde was also the bagwoman and money launderer for these pols. Peopole who wanted favors from Di and the other corrupt pols would hand Kinde the money and she laundered it through various accounts.

Using credit cards in corrupt schemes is very common. And many banks gladly transfer money from one account to secret LLC accounts----accessible only by the signatory.

L/E needs to scrutinize Kinde's money transfers---dollars to donuts a lot of it was outright bribery---going back into the pols pockets---all tax-free.

[hoosiermama]

More to the story that what is now told publicly.

Money laundering is my guess too.

[stephenjohnbanker]

” dollars to donuts “

Looks to me like it ALL went to donuts.

[Grampa Dave]

So called non profits should not be allowed to contribute money to any political party or individual.

They should not be money launders for other phoney non profits.

Of course that will never happen. If it did, there would be thousands of left wingers diecting the faux non profits or supposingly working for the faux non profits without future paychecks.

[Liz]

More to this Dem thievery story......money laundering, tax evasion, bribery, corruption.....and more, much more.

My guess is Miss donut-face was the "bagwoman" (go between for corrupt entities bribing lawmakers)......

She then started taking more and more for herself---- so Di-fi and the rest turned her in.....she's taking the fall for them, too.

[Freedom_Is_Not_Free]

Well, she is a Democrat after all. She wears her Democrat image well. She fits right in.

[HereInTheHeartland]

7 million and she dresses like a sow?

[markman46]

LOL

[Freedom_Is_Not_Free]

What do you mean “dressed like” She IS a sow.