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A Fund-Raiser for New York City Comptroller John C. Liu Is Accused of Fraud

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Wed, 16 Nov 11 10:18 PM | 69 view(s)
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A Fund-Raiser for New York City Comptroller John C. Liu Is Accused of Fraud

A fund-raiser for the New York City comptroller, John C. Liu, whose campaign
finances are under federal investigation, was arrested on Wednesday morning on
charges of attempted wire fraud and conspiracy, people briefed on the matter
said.

The charges against the man, Xing Wu Pan, do not mention Mr. Liu, but say that
Mr. Pan served as a bundler — or person who gathers donations from a group of
contributors — for a citywide candidate in New York for the 2013 election. A
person briefed on the matter said the candidate was Mr. Liu.

The arrest underscores the political peril for Mr. Liu, who is considered a
rising star in New York politics and a possible successor to Mayor Michael R.
Bloomberg. Mr. Liu has quickly amassed more than $1 million in campaign
contributions, but questions have surfaced about the legitimacy of his
donations.

Read More:
http://www.nytimes.com/2011/11/17/nyregion/liu-fund-raiser-is-arrested.html?emc=na




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