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KLOBUCHAR CONTRIBUTOR SENTENCED TO TWO-YEARS IN PRISON
By Michael B. Brodkorb | August 7, 2007
According to the Federal Election Commission, Bert Fingerhut contributed $2,000.00 to Senator Amy Klobuchar's campaign on September 19, 2006. Yesterday, Fingerhut was sentenced to two years in prison:
"Mr. Fingerhut took the advice to heart, and then some. Starting in 1995, he opened accounts at more than 400 banks across the country, from Wellsburg, W.Va., to Covina, Calif. He eventually got in on public offerings at many of them, and flipped their shares for quick profits. Over a decade, he made $11 million from the strategy.
There was one problem: The way he did it, he was breaking the law.
In May, Mr. Fingerhut pleaded guilty to conspiring to defraud banks and their depositors by secretly using other people as fronts to open accounts for him, thus increasing the number of IPO shares he could buy. He forfeited all the money he earned from the strategy. On Friday, a federal judge in Newark, N.J., sentenced the onetime star stock analyst to two years in prison." Source: WSJ, August 6, 2007
I first wrote about Fingerhut's connection to Klobuchar back in May. I want to thank the dedicated reader of Minnesota Democrats Exposed for sending me this information.
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7 Responses to “KLOBUCHAR CONTRIBUTOR SENTENCED TO TWO-YEARS IN PRISON”
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August 7th, 2007 at 11:26 AM
Amy is as crooked as her old man!!
yet another liberal career politician for the DFL, what a surprise.
August 7th, 2007 at 12:16 PM
What’s $2,000 between friends?
August 7th, 2007 at 12:51 PM
She did nothing to reform the rising crime rate in Hennepin Co. in Minnesota – why would this matter?
Speaking on ethics reform, she said she brought to Washington a commitment for change and a Minnesota moral compass. Recent scandals have cast a shadow over the legitimacy of Congress, and stronger reform, such as banning gifts and meals from lobbyists and their employers, is needed, she said.
Ethics?
Wholly crap!!
August 7th, 2007 at 2:15 PM
What is the world coming to when a politician won’t go out of their way to keep campaign donors out of jail?
August 7th, 2007 at 8:43 PM
you guys are dumb….
August 8th, 2007 at 12:18 PM
Andrew, nice come back, now go clean out the garage and take out the garbage.
August 8th, 2007 at 2:07 PM
Could it be Amy will be as big of a hypocrit as the last liberal senator we had?? Maybe she will tell us she will only run two terms too.