Monday, November 28, 2005

Duke Cunningham Resigns

One corrupt Republican down!
LOS ANGELES (Reuters) - U.S. Rep. Randy "Duke" Cunningham, a California Republican, resigned on Monday after pleading guilty to taking $2.4 million in bribes in exchange for help in securing Defense Department contracts.

Cunningham, 63, an eight-term congressman and decorated Vietnam War veteran, had been under federal investigation for his ties to Washington-based defense contractor MZM Inc. since the summer.

"I am resigning from the House of Representatives because I've compromised the trust of my constituents," Cunningham said after the court hearing.

He entered guilty pleas in San Diego federal court on Monday to conspiracy to commit mail fraud, wire fraud and tax evasion. The last charge stemmed from the underreporting of his income in 2004.

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