Ballance
Interesting stuff in the Carolina Journal produced by the John Locke Foundation here in Raleigh. It would be nice to have learned this from the N&O first:
Former 1st District Congressman Frank Ballance made a total of $53,500 in political contributions from his federal campaign fund in a nine-week period surrounding the signing of a plea agreement on Aug. 30 that required him to make $61,917 in restitution payments.
The agreement, prepared by the U.S. Attorney, required Ballance to plead guilty to conspiracy to commit mail fraud and money laundering. It also required him to make restitution to the State of North Carolina, and to forfeit all assets of the John A. Hyman Memorial Youth Foundation.He gave a total of $10,000 in political contributions before Aug. 30 and he kept on giving after signing the agreement.
On Sept. 6 he gave $25,000 to the Democratic Congressional Campaign Committee, for example, and on Oct. 21 he gave $2,000 to the Robert Holloman Senate Committee.Sen. Holloman, a Hertford County Democrat, cooperated with Ballance in questionable financial transactions involving public funds, according to the federal government's case against Ballance. The federal indictment documented a total of $393,000 that Holloman's church and affiliated programs received through the efforts of Ballance. Holloman has not been charged with any crimes.
Former 1st District Congressman Frank Ballance made a total of $53,500 in political contributions from his federal campaign fund in a nine-week period surrounding the signing of a plea agreement on Aug. 30 that required him to make $61,917 in restitution payments.
The agreement, prepared by the U.S. Attorney, required Ballance to plead guilty to conspiracy to commit mail fraud and money laundering. It also required him to make restitution to the State of North Carolina, and to forfeit all assets of the John A. Hyman Memorial Youth Foundation.He gave a total of $10,000 in political contributions before Aug. 30 and he kept on giving after signing the agreement.
On Sept. 6 he gave $25,000 to the Democratic Congressional Campaign Committee, for example, and on Oct. 21 he gave $2,000 to the Robert Holloman Senate Committee.Sen. Holloman, a Hertford County Democrat, cooperated with Ballance in questionable financial transactions involving public funds, according to the federal government's case against Ballance. The federal indictment documented a total of $393,000 that Holloman's church and affiliated programs received through the efforts of Ballance. Holloman has not been charged with any crimes.
posted by SCP at 3:56 PM
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