04-28-2012, 01:23 AM
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Join Date: Oct 2007
Location: Philadelphia
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Campaign treasurer for NYC comptroller indicted
Not quite Detroit yet, but tryin' hard... 
Campaign treasurer for NYC comptroller indicted
Quote:
The 25-year-old 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.
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The "fiscal watchdog" for the city doing a bang up job on his own stuff... 
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