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Two Executives Indicted for Campaign Finance Violations
Posted at 2:35 p.m. on Sept. 25, 2013
Two corporate executives were indicted today for conspiring to violate campaign finance laws by funneling $200,000 in conduit contributions in the 2012 elections.
The U.S. attorney for the Northern District of Ohio announced the indictments of Benjamin Suarez of Canton, Ohio, and Michael Giorgio of Cuyahoga Falls, Ohio, on one count of conspiracy to violate campaign finance laws, two counts of violations of campaign finance laws, two counts of making false statements, one count of conspiracy to obstruct justice, and one count of obstruction of justice.
Suarez was the founder of the company, and Giorgio was the chief financial officer. According to the indictment, Suarez agreed to raise $100,000 for a Ohio candidate for U.S. Senate and $100,000 for a Ohio candidate for U.S. House. Suarez and Giorgio then recruited individuals who worked for or were otherwise associated with the company to serve as conduit contributors; that is, to make contributions in the own names and those of their spouses. Suarez and Giorgio disguised the amount and source of the contributions. They then reimbursed the individuals with payments disguised as salary or profit-sharing.
The Toledo Blade identified the company as the Suarez Corp., and the U.S. Senate candidate as Republican Josh Mandel (the Ohio state treasurer since 2011) and the U.S. House candidate as GOP Rep. James B. Renacci.
View U.S. attorney’s news release.
To search detailed money-in-politics databases, visit Political MoneyLine.