Thursday, September 8, 2016

This corrupt politician made nearly $1 million in past 3 years but says he can’t afford to pay a fine for money laundering

Latest: Corruption and Money Laundering.


This corrupt politician made nearly $1 million in past 3 years but says he can’t afford to pay a fine for money laundering.

Ron Calderon, left, and Tom Calderon, right, who is claiming financial inability to pay fines that are part of his guilty plea to a money laundering charge.
Ron Calderon, left, and Tom Calderon, right,
who is claiming financial inability to pay fines
 that are part of his guilty plea to a money laundering charge.
LOS ANGELES >> Former state assemblyman Tom Calderon of Montebello made nearly $1 million between 2013 and 2015, but he doesn’t have enough money to pay a fine as part of his sentence for pleading guilty to one count of money laundering, according to a presentencing report that will go to U.S. District Judge Christina Snyder.
Snyder is expected to sentence Calderon on Monday and a potential fine could be as high as $500,000, according to Calderon’s plea agreement.
A separate report for former state Sen. Ron Calderon, Tom Calderon’s brother, said he shouldn’t have to pay a similar fine after admitting to accepting bribes while he was in office. He is scheduled to be sentenced by the same judge on Sept. 19.
The information from the presentencing report, which is confidential, was included in the briefs filed by the U.S. Attorney’s Office that objected to the presentencing report’s findings.
It said Calderon “will not have the ability to pay a fine, either in a lump sum or in monthly payments,” said Mack Jenkins, assistant U.S. attorney in the written brief responding to the presentencing report.
Jenkins objected to the findings on Calderon’s ability to pay, pointing to the money he made during the last three years, in particular the $673,699 he received in 2013,
“(This) is of particular note because it is the year that the bulk of the bribery and corruption referenced in the indictment took place, and while defendant claimed to be working with purported non-profit organizations,” Jenkins wrote.
In 2014, he received $187,248 and in 2015 — a full year after he was indicted, he still received $85,229, Jenkins said.

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