Vincent J. Fumo, 65, and a former State Representative, was convicted yesterday on all 137 counts, including conspiracy, fraud, obstruction of justice, and tax violations, by a jury at his public corruption trial in Philadelphia. Fumo (Democrat-South Philadelphia), was convicted of defrauding the state and two non-profit organizations out of $3.5 million as well as using state employees and consultants to do political work and run personal errands. Fumo was accused of helping to defraud a community group he helped found, the Citizens Alliance for Better Neighborhoods, by using $1.4 million of its money to buy tools and other goods, to conduct political polls and to file a lawsuit against a Republican enemy. Fumo is allegedly a member of Mensa, the genius organization.FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.
Tuesday, March 17, 2009
Former Pennsylvania State Senator Convicted Of Public Corruption Charges
Vincent J. Fumo, 65, and a former State Representative, was convicted yesterday on all 137 counts, including conspiracy, fraud, obstruction of justice, and tax violations, by a jury at his public corruption trial in Philadelphia. Fumo (Democrat-South Philadelphia), was convicted of defrauding the state and two non-profit organizations out of $3.5 million as well as using state employees and consultants to do political work and run personal errands. Fumo was accused of helping to defraud a community group he helped found, the Citizens Alliance for Better Neighborhoods, by using $1.4 million of its money to buy tools and other goods, to conduct political polls and to file a lawsuit against a Republican enemy. Fumo is allegedly a member of Mensa, the genius organization.
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