//
you're reading...
Politics, Congress, Investigation, Republicans, FBI, internet, health, Economy, Education, Wikipedia, local news, Press Release, Justice Department, Democrats, meta, Fraud, National News, Environment

PRESS RELEASE: Former California Campaign Treasurer, Kinde Durkee of Durkee & Associates Durkee & Associates Pleads Guilty to Defrauding Campaign Committees

U.S. Attorney’s Office
March 30, 2012

Eastern District of California
(916) 554-2700

Former California Campaign Treasurer Pleads Guilty to Defrauding Campaign Committees

SACRAMENTO—Kinde Durkee, 59, of Long Beach, California, pleaded guilty today before U.S. District Judge Kimberly J. Mueller to five counts of mail fraud, announced Benjamin B. Wagner, U.S. Attorney for the Eastern District of California. The charges relate to a long-running scheme in which she misappropriated millions of dollars from various campaign committees of federal and state elected officials.

This case is the product of an extensive investigation by the FBI. Assistant U.S. Attorneys John K. Vincent and Phillip A. Ferrari prosecuted the case. The investigation originated with an audit by an investigator with the California Fair Political Practices Commission.

In pleading guilty today, Durkee admitted that the losses to victims exceeded $7 million. The case is believed to be the largest embezzlement by a campaign committee treasurer ever prosecuted.

According to the plea agreement, Durkee operated Durkee & Associates, a firm that specialized in providing accounting and campaign reporting services to political committees for state or federal offices, including political campaign committees and non-profit organizations. Part of that service included filing campaign disclosure forms with the California Secretary of State in Sacramento (for state candidates or officials) or the Federal Election Commission (FEC) (for federal candidates or officials). In addition, Durkee served as the treasurer for many of her client committees and maintained bank accounts for her clients.

According to court documents, from approximately January 2000 to September 2011, Durkee operated a scheme to defraud clients of Durkee & Associates by routinely misappropriating client funds and submitting and causing the submission of false information to the California Secretary of State and the FEC. As a result of the false filings, clients believed that their campaign accounts had more money in them than they actually held. Durkee used the money she misappropriated to pay her personal expenses, including mortgage payments and American Express charges; to pay business expenses, including payroll; and to repay unauthorized withdrawals from other client accounts.

U.S. Attorney Wagner said, “Kinde Durkee’s casual embezzlements over a decade added up to devastation for many of her clients. Like any fraudster, she depended on trust to perpetuate and conceal her scheme. In the world of politics, no less than in the world of finance, clients should be wary of relying on trust alone when choosing a guardian for their funds.”

“Greed is the root of all white collar crime,” said Herbert M. Brown, Special Agent in Charge of the FBI Sacramento Field Office. “Our agents tirelessly investigate these crimes that silently erode our communities, exposing those who purposely defraud, steal, and embezzle from those they are entrusted to serve.”

As part of the sentence ultimately imposed in this case, Durkee will be ordered to pay restitution to the victims. As part of the plea agreement, she agreed to turn over any equity in a property in Burbank, California, where her firm was located. The firm is no longer operating. She also agreed to liquidate funds in a 401(k) account for use in restitution.

Durkee is scheduled to be sentenced by Judge Mueller on June 20, 2012 at 9:00 a.m. The maximum penalty for each count of mail fraud is 20 years in prison and a $250,000 fine. The actual sentence, however, will be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables.

About these ads

About FREDERICA CADE

Most of the information you will see comes from some Federal/state Government documents or Federal/State Governm Agency. -----------------------------------------------The fellow that can only see a week ahead is always the popular fellow, for he is looking with the crowd. But the one that can see years ahead, he has a telescope but he can't make anybody believe that he has it. ~~~~Will Rogers __The woman who follows the crowd will usually go no further than the crowd. The woman who walks alone is likely to find herself in places no one has ever been before.~ Albert Einstein ~"I never work better than when I am inspired by anger; for when I am angry, I can write, pray, and preach well, for then my whole temperament is quickened, my understandingsharpen​ed, and all mundane vexations and temptations depart.” ~Dr. Martin Luther King Jr. _________________________________________________________________________________________ ~"The bosom of America is open to receive not only the Opulent and respectable Stranger, but the oppressed and persecuted of all Nations and Religions; whom we shall welcome to a participation of all our rights and privileges, if by decency and propriety of conduct they appear to merit the enjoyment".~___________________________________ George Washington, Address to the Members of the Volunteer Association of Ireland, December 2, 1783 Fredericacade@gmail.com

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Frederica Cade’s Blog (Politics, News, Analysis, Investigation, Press Releases, Education, Economics, Internet, News Releases, Featured stories, Fraud, and History, U.S. Laws, Posted stories, Index of reports, meta,Home page)

Blog Stats #

  • 472,379 hits
April 2012
M T W T F S S
« Mar   May »
 1
2345678
9101112131415
16171819202122
23242526272829
30  

Frederica Cade’s Archives

Enter your email address to follow this blog and receive notifications of new posts by email.

Recent Post

Frederica Cade’s Blog (Politics, News, Analysis, Investigation, Press Releases, Education, Economics, Internet, News Releases, Featured stories, Fraud, and History, U.S. Laws, Posted stories, Index of reports, meta,Home page)

Politics, local News, National News, Foreign news, Congress, President, Government, Economics, Analysis, Art, Health,Investigation, FBI, Justice Department, Fraud, Press Releases, Health Care, News Releases, Law, and History Tags

2012 Elections Affordable Care Act Alabama Albuquerque ALEC Alexandria American Legislative Exchange Council AMERICAN LEGISLATIVE EXCHANGE COUNCIL (ALEC) Analysis Arizona Atlanta Attorney General Eric Holder Bain Capital California charter schools Chicago Colorado Congress Connecticut Debates Democrats Deputy Attorney General James M. Cole District of Columbia Economics Economy Education Environ Environme Environmen Environment EPA FBI Federal Election Commission (FEC) Florida fraud FreedomWorks General Georgia Grover Norquist Hammond Health Health and Human Services (HHS) Secretary Kathleen Sebelius Health Care Heritage Foundation HHS Secretary Kathleen Sebelius History Idaho Illinois Indiana Internet Investigation Iowa IRS jobs Joe Biden Jr. Justice Department Kansas Kara Pally Keystone XL Knoxville Koch Koch Brothers Koch Industries Laws Lobbying local news Louisiana Maryland Massachusetts Matte Kibbe Memphis meta Michigan Minnesota Mississippi Missouri Mitt Romney Montana Nashville National News Nebraska New Jersey New Mexico News New York Nikki Haley North Carolina Ohio Oklahoma Oregon outsourcing Paul Ryan Pennsylvania Philadelphia Politics President President Obama Press Release Public Schools Puerto Rico record Republicans Rhode Island South Carolina South Dakota Tennessee Texas Top Story TransCanada United States Vincent Sheheen Virginia Voting Rights Act Voting Rights Act of 1965 WASHINGTON Washington D.C. West Virginia Wikipedia Wisconsin

Frederica Cade’s Blog (Politics, News, Analysis, Investigation, Press Releases, Education, Economics, Internet, News Releases, Featured stories, Fraud, and History, U.S. Laws, Posted stories, Index of reports, meta,Home page)

Frederica Cade’s Blog (Politics, News, Analysis, Investigation, Press Releases, Education, Economics, Internet, News Releases, Featured stories, Fraud, and History, U.S. Laws, Posted stories, Index of reports, meta,Home page)

Follow

Get every new post delivered to your Inbox.

Join 1,665 other followers