Tuesday, June 8, 2010

McCAIN OWES APOLOGY TO DONORS WHO DONATED THROUGH FELON



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FOR IMMEDIATE RELEASE 
TUESDAY, JUNE 8
NEWS RELEASE





HAYWORTH CAMPAIGN DEMANDS McCAIN APOLOGY TO DONORS WHO CONTRIBUTED $1.1 MILLION THROUGH CONVICTED PONZI SCAM ARTIST
Phoenix, AZ (JUNE 8) - The campaign of U.S. Senate Candidate J.D. Hayworth (R-AZ) called on Sen. John McCain to apologize to donors who gave him more than amillion dollars in campaign contributions through a now-convicted felon who could be sentenced tomorrow to 100 years in prison for running a Ponzi scheme.
During his failed presidential campaign, McCain took $1.1 million in campaign contributions from Scott Rothstein.
Just two years later, Rothstein pleaded guilty to five counts of racketeering, money laundering and wire fraud in an elaborate Ponzi scheme that made the Florida resident more than $1.2 billion.
"Sen. McCain needs to personally apologize to those contributors who gave $1.1 million to Rothstein who bundled the money for the then-Presidential candidate," said Hayworth spokesman Mark Sanders. "McCain can't have it both ways. He can't be the champion of campaign finance reform one day and then take more than a million dollars from a convicted felon the next day."
In January, Rothstein appeared in a federal courthouse in Florida and pleaded guilty to running the $1.2 billion Ponzi scheme from 2005 to 2009 - while McCain was running for President.
Prosecutors say Rothstein specialized in selling investors a stake in fake confidential settlement agreements.
Rothstein said he "bundled" the $1.1 million for McCain's presidential bid and was on his "kitchen cabinet." Contributors who "bundle" money are fundraisers who have raised thousands of dollars apiece from individuals by channeling it through joint fund-raising committees, which spread the donations out lawfully between national and state political parties that then spend it on behalf of presidential candidates.
"McCain owes his contributors an apology at the least, and he needs to come clean and tell Arizona voters what he knew and when he knew it when it comes to one of his biggest political contributors," Sanders said. 

For more information, please visit http://www.JDforSenate.com or contact info@jdforsenate.com. 


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