Republican Rep. Rick Renzi was indicted Friday on charges of extortion, wire fraud, money laundering and other matters in an Arizona land swap scam that allegedly helped him collect hundreds of thousands of dollars in payoffs.About damn time.
The indictment accuses Renzi of using his position as a member of the House Natural Resources Committee to push the land swaps for [business partner James W.] Sandlin, who was also charged. It comes after a lengthy federal investigation into the land development and insurance businesses owned by Renzi's family.
The lengthy legal document says Renzi refused in 2005 and 2006 to secure congressional approval for land swaps by two unnamed businesses if they did not agree to buy Sandlin's property as a part of the deal.
...Not yet sure what this means in the CD1 race - if Renzi resigns, there will be a special election to fill his seat for the remainder of his term; however, there's no guarantee that he will resign before he's convicted.