Investor, Lobbyist Indicted on Fraud Charges As reported by the Canton Repository: "Adam Kidan, a New York investor whom Rep. Bob Ney once praised as 'a solid individual and a respected member of his community' in a congressional document, was indicted by a grand jury in Florida on Thursday on charges of conspiring to defraud two lenders out of $60 million in a casino cruise-line deal in 2000. "…Also indicted with Kidan was once-powerful Washington lobbyist Jack Abramoff, who in 2002 sought Ney's help in an unsuccessful effort to reopen an Indian casino in El Paso, Texas, for a tribal client of Abramoff's. "…Abramoff is also under federal investigation, involving House Majority Leader Tom DeLay, in Washington by a grand jury investigating whether he and a lobbying partner overcharged Indian tribes by millions of dollars for their work. "…The six-count conspiracy and wire count indictment against Kidan and Abramoff stems from their $147 million purchase of SunCruz, a Fort Lauderdale-based casino cruise line. "…The two are charged with faking a $23 million payment to Konstantinos 'Gus' Boulis, the seller of SunCruz. That payment was required by two lenders who authorities said lost $60 million in the deal. "Boulis, a Greek immigrant and self-made millionaire, later was slain in what police described as a gangland-style hit. "…Scanlon and Abramoff are under federal investigation in connection with millions of dollars in fees they collected from Indian gaming clients…"
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