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'Madoff of Campaign Finance' Busted

SCANDAL

May have stolen millions from California politicians.

Democrats running in California may find themselves shorter on cash than they expected going into the 2012 elections. Longtime campaign treasurer Kinde Durkee is accused of stealing more than $1 million from Democratic candidates across the state. Durkee, called the "Madoff of campaign finance," was arrested Sept. 2 and accused of stealing $600,000 from the campaign of state Assemblyman Jose Solorio. Prosecutors say there’s evidence that she may have stolen millions from several other politicians. "Now I come to you at a time of great anguish when I have to report: we have been robbed!!" U.S. Rep. Susan Davis wrote to her supporters, saying more than $250,000 had been stolen.

Read it at The Wall Street Journal

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