Friday, June 02, 2006
Terry RICO is cooperating
As Drew Crew reports, there is an easy way to lop 3/4ths of your sentence off:
The RICO violation carries a 20-year maximum prison sentence, but Mr. Gasper under federal sentencing guidelines likely would face from 4 years and 9 months to 7 years and 3 months in prison, Mr. White said.And there are plenty more corrupt brokers, unindicted co-conspirators, and significant loose threads leading into state GOP circles - enough to keep this on the front page for months to come:
Terrence Grady, Mr. Gasper’s attorney, said his client has a plea agreement with prosecutors, but he declined to offer details or comment further.
Tom Hayes, executive director of the Ohio Lottery Commission, who was appointed by Mr. Taft to lead a management review committee that guided the bureau in the aftermath of the investment scandal, said he anticipates others will follow Mr. Gasper into court.UPDATE: More on how Gasper's plea is a beginning rather than an end, from the Dispatch:
“This is a story that will continue to evolve,” Mr. Hayes said. “My sense is the matter is not closed.”
The bureau confirmed last year that Mr. Conrad, who resigned in the wake of the controversy over Noe’s rare-coin investment, had given Mr. Gasper “power of attorney,” enabling him to sign investment contracts.
“The question I always had was [about] the decision Jim Conrad made to sign the power of attorney which triggered this stuff,” Mr. Hayes said.
The prosecution of Terrence W. Gasper marks a new direction for the sweeping investigation of the investment and ethics scandals that have rocked state government for the past year.
"This is the first big (case) that deals with what we have identified as the investment side of the investigation," Franklin County Prosecutor Ron O’Brien said.