Wednesday, June 12, 2013

Renzi Convicted of Extortion and Bribery

Former First District Congressman Rick Renzi and his former business partner have been convicted of extortion and bribery  by a federal jury in Tucson.

Evidence showed that in 2005 Renzi used his legislative influence to profit from a federal land exchange that involved property owned by real estate investor James Sandlin.

Renzi threatened a proponent of the land exchange that he would not support it unless they purchased Sandlin’s property in Cochise County.  When that person refused, Renzi made a deal with another proponent of the land exchange.

Yesterday (Tuesday) Renzi was convicted of 17 felony offenses including conspiracy, extortion, racketeering, money laundering and making false statements to insurance investigators.

Sandlin was found guilty of 13 felony offenses.

Sentencing is set for August 19.

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