Monday, May 09, 2005

Philly Corruption

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Corey Kemp--the former Treasurer for the city of Philly--was convicted of conspiracy along with two Commerce Bank employees:

Jurors reached the verdicts on their 19th day of deliberations in the case, which stemmed from a wide-ranging federal probe of municipal corruption.

Corey Kemp, the former treasurer, was charged with corrupting his office by accepting thousands of dollars worth of gifts from a lawyer and prolific Democratic fundraiser named Ronald A. White. Investigators said Kemp got a new deck for his house, an all-expenses paid trip to see the 2003 Super Bowl, free meals and parties in his honor, along with $10,000.
The investigation made headlines on Oct. 7, 2003, when city police discovered a listening device that FBI agents had hidden above the desk of Mayor John F. Street. The mayor was not charged.


Two Commerce Bank executives, Stephen Umbrell and Glenn Holck, were accused of participating in the scheme to corrupt Kemp by arranging for their bank to overlook his bad credit history and give him a mortgage equal to 100 percent of the value of his new home.

John Street has run the most corrupt administration in Philadelphia history. That is saying something when you look back to Philly's past mayors.

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