Ex-Political Candidate Pleads Guilty To Fraud

A former candidate for North Carolina elected office has pleaded guilty to fraud after federal authorities said he took more than $1 million from two elderly clients over three years.

Documents show a magistrate judge accepted an agreement Wednesday involving Christopher Brooks Mintz, who pleaded guilty to one count of fraud by an investment adviser. He faces a maximum five years in prison and $250,000 fine. Sentencing is Dec. 7.

Mintz ran unsuccessfully in 2008 as a Democrat for the state Senate in Wake County.

The U.S. Attorney's Office said Mintz worked in Cary and represented a Massachusetts-based broker. The government said he embezzled money by shifting securities to his brokerage account and selling them.

Mintz also has agreed to pay restitution of $1.2 million.

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  • by Obama Snake Oil Co Location: Washington on Sep 11, 2009 at 05:42 AM
    Sounds like a candidate for attorney general in Obamas cabinet.....I smell czar status.
  • by Buzz Location: MillCreek on Sep 11, 2009 at 04:21 AM
    What! a lying politician, come on now. Buzz-
  • by Gator Location: NC on Sep 10, 2009 at 07:42 PM
    Where are all the liberals and democrats calling for the immediate prosecution for this individual. Oh, that's right, only 1 million dollars from only two elderly clients over 3 years is not that bad. He's a democrat so it is a personal issue.
  • by joe Location: morehead city on Sep 10, 2009 at 07:29 PM
    Sounds like he would have fit right in.

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