Congressman Rick Renzi, who is under investigation for a shady land deal, tried to pull a fast one on prosecutors who are going over his history in the last few years. Renzi claims that the $200,000 he forgot to declare for the House Ethics Committee was a payment for an old debt that James Sandlin owed him previously. The problem is, the evidence is pointing to the money as a gift for an illegal land deal that Renzi made with a company called the Petrified Forest Group.
This story stinks like a pile of manure, which is exactly what Rick might find himself in soon enough. The real story looks a lot different than what he claims. A piece of land Sandlin owned hundreds of miles away from Renzi's old property was sold for $3 million more than he purchased it for a couple years prior. Renzi's big problem is that he was the one that helped facilitate the deal. Added on to that, the fact that Renzi failed to disclose the money shows an intent to conceal and that can lead to some serious justice for the Congressman. He may have voluntarily given up his committee assignment, but he still has a long way to fall before this is all over.
Saturday, April 28, 2007
Renzi Forgot To Mention A $200,000 Payment, Whoops!
Posted by Josh"Ing"Silverstein at 12:22 AM
Labels: Arizona, corruption, ethics, James Sandlin, Rick Renzi
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