Competitors Obama Funds embezzled To Infidelity

MagNet News - Ex-candidate Democratic presidential candidate, John Edwards, accused of using campaign donations of U.S. $ 925 million to hide the affair pregnant women, during the 2008 presidential election. Edwards pleaded guilty, but he denied breaking the law.

Former U.S. Senator and Democratic candidate twice that, was charged with six charges of violation of Campaign Finance Law. Edwards used to be rivals Obama and Hillary Clinton in getting the presidential candidates. He pleaded not guilty and released without collateral, provided the surrender passport and not leave the U.S. territory.

Former attorney who often wins multi-million dollar case, now must face the threat of jail and admitted to practice law revoked.

"There is no question, I have made a mistake. I am fully responsible for making mistakes. I am sorry for the rest of my life, I have hurt other people," Edwards said outside the courthouse as reported by the Associated Press. "However, I do not break the law, and I never thought I was breaking the law."

The use of the funds was revealed after the FBI conducted an investigation for two years to the North Carolina senator was. He is known to be using money donated by two wealthy supporters to send a pregnant woman, Rielle Hunter, hiding in 2007 and 2008, at the height of his campaign for the White House.

"The thing that stands out from his candidacy was that he described as a man who love family," read the indictment. "Edwards knew that the affair and the pregnancy will damage its image as a man's candidacy and family love."

Prosecutors said the money was a campaign contribution. It is intended to protect the Edwards political career from ruin. Spending it considers illegal because Edwards was supposed to report the cost of campaigns because it exceeds the contribution limit of U.S. $ 2,300 per person.

Edwards defense team argued the money was not a political donation, because it is used to hide the affair and is not used for the campaign. Edwards wife, Elizabeth, died of cancer last December.

Edwards was charged with conspiracy, accepting illegal donations, and making false statements about his campaign finance report. If convicted, he faces a maximum sentence of 5 years imprisonment and fined each $ 250 thousand for the six charges.

At the time his political career that has collapsed, the court can now destroy his image. In the trial will be explained the details of the facts of how he lied to his wife who had cancer.

The investigation found hundreds of thousands of dollars in funds from two Edwards supporters, namely Fred Baron, former finance director of his campaign team, and Rachel "Bunny" Mellon, 100-year-old widow and heir to banker Paul Mellon.

Prosecutors said the U.S. $ 725 million from the Mellon and U.S. $ 200 thousand from Baron Hunters used to make a living, including medical expenses, airfare, luxury hotels, and rental homes in Santa Barbara, California. All he had to hide from the public eye.

Mellon send the money through his decorator, sometimes hiding the money in a box of chocolates. In the check memo, he lists them for the purchase of antique chairs and tables, to hide the real purpose of the money.