Tuesday, August 31, 2010

Deters and Mandel - What a shame! CROOKS?

Mandel joins failed former Treasurer for Fundraiser

COLUMBUS – Republican candidate for State Treasurer Josh Mandel continues his love affair with controversial money managers today at a fundraiser with failed former Treasurer Joe Deters. Deters resigned as Treasurer after an administration plagued by legal charges. Mandel has repeatedly taken money from donors who have been convicted of pension fraud, bribery and foreclosure fraud.

“Josh Mandel started his political career asking Tom Noe for money, so it’s no wonder he’s asking failed former Treasurer Joe Deters for cash, too. Josh hasn’t met a corrupt money manager he didn’t love,” said Ohio Democratic Party Chairman Chris Redfern.

Joe Deters resigned after multiple legal problems as Ohio Treasurer.

• Deters’ Chief of Staff was convicted of “giving preferential treatment to some investment brokers who do business with the treasurer's office.” [Dayton Daily News, 9/14/04]

• Deters’ fundraiser was convicted of election law violation for his part in a fundraising scheme for Deters – and Deters kept using the fundraiser even after his conviction. [Cincinnati Enquirer, 10/22/04]

• Deters’ campaign supporter, Frank Gruttadauria, was sentenced to four and a half years in prison on charges of bribery, racketeering, theft, money laundering, forgery, and election-law violations due to his interactions with Deters’ office and campaign. [Cincinnati Enquirer, 5/6/04]

Deters has been criticized as a “part-time prosecutor” because he works part-time in a private law firm and part-time as Hamilton County Prosecutor. [Associated Press, 1/10/09]

“Josh’s friends are a who’s who of failed money managers and pension fund raiders. Once again, we’re reminded that Ohioans can’t afford him as Treasurer,” said Redfern.