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Congressman’s son, Fattah Jr., charged with fraud

Posted on 8/5/14 at 12:45 pm
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73424 posts
Posted on 8/5/14 at 12:45 pm
Dems gotta Dem.

The son of a Philadelphia congressman has been indicted on bank fraud, tax and theft charges, accused of stealing federal funds for city schools and using business loans to pay off mostly personal expenses, including more than $30,000 in gambling debts, federal prosecutors announced Tuesday.

Chaka Fattah Jr., 31, surrendered at the federal courthouse and vowed to clear his name. He was scheduled for a court appearance later Tuesday.

A federal indictment accuses Fattah, son of Democratic U.S. Rep. Chaka Fattah, of lying about his income to obtain more than $200,000 in business loans.

He used one $50,000 loan, intended “for working capital to support business operations,” to pay down more than $15,000 in credit card debt and pay off more than $33,000 in casino gambling debt, prosecutors said.

He is also charged with theft of federal funds from the city school district, filing false income tax returns in 2005, 2006, 2008 and 2009, and failing to pay $51,000 in taxes on time in 2010.

The congressman’s office said it had no immediate comment.

LINK
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 8/5/14 at 12:46 pm to
Isolated incident. Downvoted
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73424 posts
Posted on 8/5/14 at 12:47 pm to
quote:

Isolated incident
Posted by Edearl Watson
Parts Unknown
Member since May 2012
6782 posts
Posted on 8/5/14 at 12:47 pm to
If you can't trust Chaka, then I ask who can you trust?
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73424 posts
Posted on 8/5/14 at 12:48 pm to
quote:


If you can't trust Chaka, then I ask who can you trust?
Posted by Tigah in the ATL
Atlanta
Member since Feb 2005
27539 posts
Posted on 8/5/14 at 12:49 pm to
google has never heard of republicans being in trouble with the law. "Republican politician charged"
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73424 posts
Posted on 8/5/14 at 12:50 pm to
Chaka is that you?
Posted by goatmilker
Castle Anthrax
Member since Feb 2009
64209 posts
Posted on 8/5/14 at 12:52 pm to
I always suspected Chaka was in bed with the Sleestak.
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73424 posts
Posted on 8/5/14 at 12:53 pm to
quote:


I always suspected Chaka was in bed with the Sleestak.
Posted by Edearl Watson
Parts Unknown
Member since May 2012
6782 posts
Posted on 8/5/14 at 12:54 pm to
quote:

google has never heard of republicans being in trouble with the law.



You must be the rebellious type?
Always bucking the trend.
No one believes that the dems have the market cornered on breaking the law. They're all politicians. But, thanks for your post.





Posted by EthanL
Auburn,AL
Member since Oct 2011
6963 posts
Posted on 8/5/14 at 12:54 pm to
Never heard of this guy before.

Downvoted
This post was edited on 8/5/14 at 12:55 pm
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73424 posts
Posted on 8/5/14 at 12:55 pm to
Posted by sportjunkie69
Member since Nov 2012
2145 posts
Posted on 8/5/14 at 12:56 pm to
Repubs gonna Repub

Remember this infamous child of the 41st Bush?
LINK
quote:

Federal regulators today sued Neil M. Bush, the President's son, and other directors, officers and lawyers of a defunct Denver savings and loan association, saying their ''gross negligence'' had led to a collapse that could cost taxpayers more than $1 billion.

In a lawsuit filed in Federal District Court in Denver, the Federal Deposit Insurance Corporation stopped short of charging fraud. But it said that in the three years Mr. Bush was a director of the Silverado Banking, Savings and Loan Association, he violated conflict-of-interest regulations and failed to act to stop the institution from making improper loans, and in some cases illegal loans. 'Sophisticated Schemes'

''Silverado was the victim of sophisticated schemes and abuses by insiders, and of gross negligence by its directors and outside professionals,'' said Douglas H. Jones, senior deputy general counsel of the F.D.I.C.

Posted by fleaux
section 0
Member since Aug 2012
8741 posts
Posted on 8/5/14 at 12:57 pm to
Rex would say Republicans are totally irrelevant to this thread
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 8/5/14 at 1:01 pm to
quote:

Never heard of this guy before.

Downvoted
Posted by Tigah in the ATL
Atlanta
Member since Feb 2005
27539 posts
Posted on 8/5/14 at 1:02 pm to
quote:

No one believes that the dems have the market cornered on breaking the law
then criticize the op
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73424 posts
Posted on 8/5/14 at 1:04 pm to
This walnut didn't fall far from the tree.

Rep. Chaka Fattah sought a “green vehicle” earmark for a for-profit school where his adult son, Chaka Fattah Jr. — now under investigation by the Justice Department — worked as director of business development.

First elected to Congress in 1994, he said he did nothing wrong in receiving the $375,000 solicitation for federal funds from the school and then advocating that the Transportation and Infrastructure Committee earmark money for the project in a 2009 surface transportation bill that never got off the ground.

“I stand by my son. Nothing came of the request for funds, and my son had nothing to do with any request for funds,” the congressman said in a statement to POLITICO. “I will await the results of the investigation before making further comment.”

When asked if the congressman would recuse himself from funding decisions for the Justice Department, Fattah’s chief of staff, Maisha Leek, said, “Absent an allegation we will await the conclusion of the investigation.”

The raids are an outgrowth of the fraud conviction of Mikel Jones, a Philadelphia lawyer and former aide to Rep. Alcee Hastings (D-Fla.), who has been a friend of the elder Fattah since they were children. In January 2011, Jones told two FBI agents that he had hired 259 Strategies and another company run by Fattah Jr. for consulting, according to the agents’ report of the conversation.

LINK
Posted by BugAC
St. George
Member since Oct 2007
52765 posts
Posted on 8/5/14 at 1:05 pm to
You liberals sure get defensive when one of your brethren gets indicted.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79617 posts
Posted on 8/5/14 at 1:05 pm to
quote:

then criticize the op


Why?

For starting a thread that's politically relevant on the Poli Board?
Posted by Edearl Watson
Parts Unknown
Member since May 2012
6782 posts
Posted on 8/5/14 at 1:08 pm to
quote:

then criticize the op


Why the OP isn't named Chaka, is he?
I must ask, are you by chance a family friend of Chaka's?
This post was edited on 8/5/14 at 1:11 pm
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