Posted on Wed, Aug. 17, 2005
Indictment alleges wire fraud by former congressional candidate
Associated Press
KANSAS CITY, Kan. - A former congressional candidate was accused Wednesday of using campaign money to cover a check for a down payment on his house - then putting the money back into his campaign accounts with the full knowledge of the seller.
Adam Taff, 40, who lost the 2004 Republican primary and also ran unsuccessfully as the GOP candidate for the Kansas 3rd District seat in 2002, was indicted on one count of mail fraud and one of violating the Federal Election Campaign Act.
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The indictment alleged that while Taff was working for Myers' Overland Park mortgage company in 2003 and 2004, the two hatched a scheme to defraud a Kansas City, Mo., mortgage company.
The paperwork, prosecutors said, falsely claimed that Taff had made a $300,000 down payment on a $1.2 million house he was buying from Myers in the suburb of Lake Quivira. The indictment claimed that Taff and Myers never intended for Myers to receive the $300,000.
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http://www.kansascity.com/mld/kansascity/news/local/12407159.htm Posted on Wed, Aug. 17, 2005
Former congressional hopeful Taff indicted
By TONY RIZZO
The Kansas City Star
Former congressional candidate Adam Taff was indicted by a federal grand jury today on a charge that he used political contributions for personal use.
Taff, 40, of Lake Quivira, and John D. Myers, 48, of Leawood, also were charged with one count of wire fraud.
Myers operated a mortgage company that employed Taff, and the two allegedly were involved in a scheme to allow Taff to fraudulently obtain a mortgage to purchase Myers’ house, according to the indictment handed down by a grand jury in Kansas City, Kan.
The indictment alleges that the events occurred between November 2003 and February 2004.
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http://www.kansascity.com/mld/kansascity/news/politics/12406933.htm~~~~~~~~~~~~~~~~~~~~~~~Taff indicted for misuse of campaign contributions
By Joel Mathis
Wednesday, August 17, 2005
Adam Taff, a two-time Republican candidate for Congress, has been indicted in federal court on charges of converting political campaign contributions for personal use and wire fraud.
U.S. Atty. Eric Melgren said that in December 2003 — the year between his two failed campaigns — Taff agreed to buy a Lake Quivira home from John Myers, Leawood, founder and chairman of Myers National Mortgage Company. While applying for a mortgage, Taff claimed among his assets two bank accounts, totaling $311,000, that actually belonged to his campaign for the 3rd District congressional seat.
Adam Taff Indictment (.pdf)
According to Melgren, what followed was a complicated financial transaction on Feb. 10, 2004, in which Taff drew on $175,000 in campaign funds for a $300,000 bank check made out to Myers.
The check was never intended for Myers, Melgren said. Instead, Taff and Myers met with a closing agent from an Overland Park title company. The agent altered the check to make it appear the money was payable to the title company. The agent also prepared a closing statement, sent to a mortgage company, stating Taff had paid $300,000 to the title company for payment to Myers.
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The wire fraud charge carries a a maximum penalty of 30 years in federal prison and a fine up to $1 million. Taff also faces a maximum penalty of five years in prison and a $250,000 fine on the charge of converting campaign funds.
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http://www2.ljworld.com/news/2005/aug/17/taff_indicted_misuse/?breaking~~~~~~~~~~~~~~~~~~~~~~~~Taff was really a big deal in North East Kansas. He had been pushed twice by Republican interests, and looked like someone they thought would bump off Democratic Rep. Dennis Moore, former outstanding Kansas Prosecutor.
His big selling point was his all out support for
Bush and love of war, and his record as a Navy fighter pilot. Bye, bye, Taff!