Monday, November 28, 2005

He Sold his House -- Now he's Looking at time in the Big House

Rep Randy "Duke" Cunningham (R-CA) has pleaded guilty to conspiracy and tax charges. He admits he took $2.4 million in bribes.

The case stems from a house sale he pulled off with a defense contractor. The lcontractor bought Rep Cunningham's house for several hundred thousand dollars more than it was worth. The contratot sold the house for a loss a short time later. Rep Cunningham took up residence on the contractor's boat anchored in a Washington, DC marina.

Shortly after the sale, Rep Cunningham directed federal contracts toward the guy who bought his house. (SF.gate)

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