Friday, July 19, 2013

Beck ( OH-ALEC) - Indicted on 16 Felony Charges

H/T to Dkos Diary

Ohio Rep. Peter Beck of Mason indicted in investment fraudcase
Posted: 07/19/2013
By: Kareem Elgazzar, WCPO Digital

CINCINNATI - Ohio Rep. Peter Beck (R-Mason) was indicted on 16 felony charges in an investment fraud case Friday afternoon and faces a maximum 102 years in prison if convicted.

Ohio Attorney General Mike DeWine and Hamilton County Prosecutor Joe Deters announced the indictments at a news conference Friday afternoon.

“John Fussner and Peter Beck knew CTech was insolvent and yet they did not disclose this to investors," DeWine said. "They knew the truth and yet deceived investors to get their capital to keep the company afloat and use the money for other purposes.”

Beck is the Republican chairman of the powerful House Ways and Means Committee and a member of the House Finance Committee.

The indictments followed a lawsuit that accused Beck and others of misappropriating more than $1 million from 14 investors in TML Consulting, LLC and Christopher Technologies.

Wonder if he had all-expenses paid corporate scholarship to attend the ALEC meeting in Chicago.

Let's say NO! to the extremist pro-corporate American Legislative Exchange Council.
The USA is NOT OK with ALEC.

ALEC Annual Meeting
40th Anniversary
Palmer House Hotel

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