Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

BLM-backed Dem candidate sentenced to 22 months in prison for wire fraud scheme

by January 11, 2023
January 11, 2023
BLM-backed Dem candidate sentenced to 22 months in prison for wire fraud scheme

A former Black Lives Matter-backed Democratic candidate has been sentenced to 22 months in prison.

Karen Carter Peterson, a former Louisiana Democratic Party chair and state senator, received the sentence on Wednesday after pleading guilty to a wire fraud charge that included routing more than $140,000 in campaign and party funds to outside individuals and companies and using the money on personal expenses, including gambling. 

Peterson abruptly resigned from the state senate last April, citing her mental health and gambling addiction. She was charged a month later in federal court with one count of wire fraud.

Peterson’s scheme ran for seven years and involved diverting state campaign and party cash to several individuals and companies, which reportedly cashed the checks and provided Peterson with most or all of the funds, according to the Louisiana Illuminator. 

Peterson then used the money on personal expenses, including gambling-related costs. She also filed ‘false and misleading’ campaign finance reports that ‘mischaracterized expenditures as being for legitimate purposes related to her campaign or the holding of public office,’ the Justice Department wrote in a July press release last year.

‘Today marks an important step in my life-long recovery as I continue to address my gambling addiction,’ Peterson wrote on Twitter at the time. ‘I sincerely apologize for the impact from my compulsive behavior resulting from this addiction.’

BLACK LIVES MATTER PAID NEARLY $4M TO BOARD SECRETARY, CO-FOUNDER’S BROTHER, AND FATHER OF HER CHILD 

‘I have made full repayment of funds used as a result of my addiction and I will continue to make amends,’ she added. ‘Staying true to the steps of my ongoing recovery, I have been forthright, honest, and fully cooperative with the US Attorneys’ Office in their investigation.’

Peterson, meanwhile, is the only federal candidate supported by Black Lives Matter since January 2021.

The Black Lives Matter PAC, a BLM Global Network Foundation-affiliated committee, in July 2021 pushed more than $100,000 into independent expenditures backing her failed attempt at entering Congress in Louisiana’s 2nd district, federal records reviewed by Fox News Digital show. 

Peterson must report to federal prison on March 6, according to Nola.com. 

Joe Schoffstall is a politics producer/reporter for Fox News Digital. Story tips can be sent to Joe.Schoffstall@Fox.com and on Twitter: @joeschoffstall

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
FAA has operated without a Senate-confirmed director for nearly a year
next post
How do you solve a problem like George Santos? GOP faces catch-22 with embattled freshman congressman

You may also like

North Dakota bill letting teachers ignore pronouns becomes...

May 9, 2023

Biden admin alums team up with Bloomberg network...

September 21, 2023

Trump inauguration: Who is expected to attend, and...

January 19, 2025

Communists Play Smash-Mouth: Laxalt Announced Dem Opponent Would...

November 13, 2022

GOP rep says McCarthy may need to step...

January 5, 2023

Elon Musk: It Is Likely Twitter Interfered in...

December 3, 2022

GOP states rip AOC, Dems for pushing Biden...

April 14, 2023

What a Joke… Now We’re Supposed to Believe...

December 10, 2022

Third Crypto Boss Dies in Helicopter Crash

November 29, 2022

‘Marxist lesbian’ library group president denounced ‘angry, White...

August 22, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved