money laundering

money laundering

Congressman Fattah of Philadelphia Charged in Racketeering Conspiracy

10h ago
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The Justice Department on Wednesday said it charged Representative Chaka Fattah, a Pennsylvania Democrat, and four of his associates with participating in a racketeering conspiracy and other crimes. The department said Fattah, who represents Philadelphia in the House of Representatives, and the others faced a 29-count indictment including charges of bribery, mail fraud, falsification of records, bank fraud, money laundering and other crimes related to Fattah's 2007 unsuccessful run for mayor of Philadelphia. The indictment alleges that in connection with his failed 2007 campaign for mayor of Philadelphia, Fattah and certain associates borrowed $1 million from a wealthy supporter and disguised the funds as a loan to a consulting company. http://feeds.reuters.com/~r/Reuters/domesticNews/~3/geu9JWWG5eQ/story01.htm http://www.wochit.com This video was produced by Wochit using http://wochit.com