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Congressman’s son, Fattah Jr., charged with fraud
Posted on 8/5/14 at 12:45 pm
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
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 on 8/5/14 at 12:47 pm to Jbird
If you can't trust Chaka, then I ask who can you trust?
Posted on 8/5/14 at 12:48 pm to Edearl Watson
quote:
If you can't trust Chaka, then I ask who can you trust?
Posted on 8/5/14 at 12:49 pm to Jbird
google has never heard of republicans being in trouble with the law. "Republican politician charged"
Posted on 8/5/14 at 12:50 pm to Tigah in the ATL
Chaka is that you?
Posted on 8/5/14 at 12:52 pm to Jbird
I always suspected Chaka was in bed with the Sleestak.
Posted on 8/5/14 at 12:53 pm to goatmilker
quote:
I always suspected Chaka was in bed with the Sleestak.
Posted on 8/5/14 at 12:54 pm to Tigah in the ATL
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 on 8/5/14 at 12:54 pm to Jbird
Never heard of this guy before.
Downvoted
Downvoted
This post was edited on 8/5/14 at 12:55 pm
Posted on 8/5/14 at 12:56 pm to Jbird
Repubs gonna Repub
Remember this infamous child of the 41st Bush?
LINK
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 on 8/5/14 at 12:57 pm to sportjunkie69
Rex would say Republicans are totally irrelevant to this thread
Posted on 8/5/14 at 1:01 pm to EthanL
quote:
Never heard of this guy before.
Downvoted
Posted on 8/5/14 at 1:02 pm to Edearl Watson
quote:then criticize the op
No one believes that the dems have the market cornered on breaking the law
Posted on 8/5/14 at 1:04 pm to Jbird
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
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 on 8/5/14 at 1:05 pm to Tigah in the ATL
You liberals sure get defensive when one of your brethren gets indicted.
Posted on 8/5/14 at 1:05 pm to Tigah in the ATL
quote:
then criticize the op
Why?
For starting a thread that's politically relevant on the Poli Board?
Posted on 8/5/14 at 1:08 pm to Tigah in the ATL
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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