YET ANOTHER McCAIN DONOR PLEADS GUILTY IN ELABORATEPONZI SCHEME
Phoenix, AZ (JUNE 12)- Debra Villegas, the chief operating officer of Scott Rothstein's law firm, yesterday pleaded guilty to participating in an elaborate Ponzi scheme and now faces 10 years in prison. She gave $30,000 to Sen. John McCain's failed presidential campaign. "With Rothstein now serving 50 years in prison and Villegas pleading guilty, McCain can count at least two convicted felons among his contributors," said Mark Sanders, the spokesman for U.S. Senate Candidate J.D. Hayworth (R-AZ). When asked by the judge if she had made a deal with the federal government prosecuting the case, Villegas said yes. Federal authorities have been investigating 30 lawyers and 15 other employees about their involvement in the $1.2 billion Ponzi scheme. Rothstein has bragged that he raised McCain $1.1 million and served on his kitchen cabinet. "It appears that much of the money Rothstein raised came from his employees to whom he gave big bonuses and then directed them to make political contributions - a violation ofcampaign finance law," Sanders said. The racketeering charges against Rothstein allege the firm's donations to politicians and campaign committees were largely illegal because they were funded with money from the Ponzi scheme. "It's just more evidence that McCain took the dirty money and spent it running his political committees in 2008," Sanders said. FBIand IRS officials are reportedly investigating campaign records to determine how Rothstein used his investment scam to fund the political donations. "Their next stop needs to be in Phoenix to interview McCain," Sanders said. "Rothstein was his number one contributor and McCain should have known the guy was a crook and refused his money. But the sad fact isJohn McCain, 'Mr.Campaign Finance Reform,' is not a reformer at all because he has no intention of refunding the money.Arizonadeserves better in theUnited States Senate."