http://rawstory.com/news/2008/GOP_Congressman_indicted_for_extortion_money_0222.htmlRepublican Rep. Rick Renzi has been indicted for extortion, wire fraud, money laundering and other charges related to a land deal in Arizona.
A 26-page federal indictment unsealed in Arizona accuses Renzi and two former business partners of conspiring to promote the sale of land that buyers could swap for property owned by the federal government. The sale netted one of Renzi's former partners $4.5 million.
Nearly a year ago, as RAW STORY reported, the embattled congressman denied newspaper reports and rumors that he planned on resigning, as the FBI probed. The congressman did relinquish all three of his House committee assignments, including his seat on the House Intelligence Committee. He has since decided not to run for re-election.
Renzi also is a co-chairman of Republican presidential candidate John McCain's Arizona leadership team. And the Arizona Senator aided Renzi's re-election bid.