Monday, November 28, 2005

Congressman Resigns After Admitting He Took Bribes - received cash, cars, rugs, antiques, furniture, yacht club fees, moving expenses and vacations

Congressman Resigns After Admitting He Took Bribes - New York Times: "By JOHN M. BRODER | Published: November 28, 2005

LOS ANGELES, Nov. 28 - Representative Randy Cunningham resigned from Congress today, hours after pleading guilty to taking at least $2.4 million in bribes to help friends and campaign contributors win military contracts.
...
"The truth is, I broke the law, concealed my conduct and disgraced my office," said Mr. Cunningham, who has had a political reputation for emotional outbursts and combative conservatism. "I know that I will forfeit my freedom, my reputation, my worldly possessions and, most importantly, the trust of my friends and family."

Mr. Cunningham, 63, pleaded guilty to one count of tax evasion and one count of conspiracy to commit bribery, tax evasion, wire fraud and mail fraud. He faces up to 10 years in prison and hundreds of thousands of dollars in fines and forfeitures.

Prosecutors said he had received cash, cars, rugs, antiques, furniture, yacht club fees, moving expenses and vacations from four co-conspirators, who were not named in the indictment, in exchange for his assistance in winning military contracts. ...

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