The LA Daily News reported today that victimized former clients of political treasurer Kindee Durkee are getting some leeway as they resolve their accounts.
According to the paper, the California Fair Political Practices Commission (FPPC) and the Los Angeles City Ethics Commission issued advice letters Thursday granting additional time for those candidates who lost money to close out their accounts.
Durkee is accused of mail fraud and the misappropriation of what appears to be millions of dollars of campaign funds she managed for clients like Rep. Loretta Sanchez, Senator Dianne Feinstein, and State Assemblyman Jose Solorio among others. This case is impacting Democratic electeds and candidates in a major way as theyr gear up for the 2012 election cycle.
First California Bank, which most of the accounts had deposits, froze access to candidate accounts and funds. Experts say its going to take considerable time and forensic accounting practices to get to the bottom of things.