State Assemblyman Jose Solorio’s Statement Regarding Politico News on Durkee Guilty Plea
Solorio Asks FBI to be Aggressive in Making Sure Durkee Serves as Many Years as Possible in Federal Prison, and Says First California Bank Cooperated with Durkee in Fraudulent Activity
SACRAMENTO – In response to the Politico news article that ran this evening, “Kinde Durkee: Guilty plea likely in $8M embezzlement,” State Assemblyman Jose Solorio released the following statement:
“I’m pleased the FBI’s investigation on my behalf and hundreds of other victims has found success. I’ve asked that the FBI be aggressive in making sure Durkee serves as many years as possible in federal prison.
In finalizing a long sentence term, I’m hoping the FBI and courts send a message to treasurers, accountants and book keepers around the country that defrauding their clients is a serious matter.
I also believe that as more information is made public, it will become clear that Durkee was able to defraud her clients because of the direct cooperation her firm had with First California Bank. Through that cooperation, Durkee’s clients lost approximately $10 million due to fraudulent activity. Many red flags were raised, and the First California Bank did nothing in over 10 years to stop Durkee.”
Below are the first few paragraphs in the Durkee news article that ran in Politico this evening:
“Kinde Durkee, the California political operative at the heart a major embezzlement scandal, is expected to plead guilty later this week to stealing more than $8 million from her clients, including Sen. Dianne Feinstein and other California Democrats, according to sources close to the case.
The stunning amount of money that Durkee took makes it the biggest such embezzlement case in U.S. election history and one that will have impact far down the line on the California ticket this fall.
Federal prosecutors will recommend that Durkee, who will also plead guilty to at least five counts of fraud, be sentenced to from 11 to 14 years in prison, the sources added.”
You can read the rest of the Politico article online at http://www.politico.com/news/stories/0312/74567.html#ixzz1qNNPZMIe.
State Assemblyman Jose Solorio is the Chair of the Assembly Insurance Committee and also serves on the Assembly Appropriations and Transportation committees. He represents the Sixty-Ninth Assembly District, which includes the cities of Anaheim, Garden Grove, and Santa Ana. For more information about Assemblyman Solorio, visit www.assembly.ca.gov/solorio