Thursday :: Aug 11, 2005

DeLay Associate Jack Abramoff To Be Indicted Today On Bank Fraud


by Steve

Tom DeLay is going to have a long day today. First, the FEC nailed his indicted PAC for reporting irregularities, and now DeLay’s business associate and GOP lobbying powerhouse Jack Abramoff will be indicted today on federal bank fraud charges.

Update: As Ga6thDem tells us, the Miami Herald (registration required) reports that the FBI is trying to arrest Abramoff, with emphasis on the word "trying".

FBI agents were seeking to arrest a once-powerful Washington, D.C., lobbyist on Thursday after a Fort Lauderdale federal grand jury charged him and a New York businessman with scheming to defraud two lenders in a $147.5 million purchase of SunCruz Casinos.
Agents were to take Republican insider Jack Abramoff into custody on Thursday afternoon in the Baltimore area. His partner in the controversial 2000 SunCruz acquisition, Adam Kidan, was expected to surrender to authorities, according to sources familiar with the probe.

Read some of the things that Mr. Kidan is suspected of, and you can see that Mr. Abramoff, Mr. DeLay, and yes, Mr. Rove travel in some very unsavory circles.

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