Ohio Democrats who were hoping that Richard Cordray, the former state treasurer and attorney general, might rush in on a white horse, with a hardy “Heigh Ho Silver” and save the day in the 2014 Ohio governor’s race, may as well move along.
State Rep. Peter Beck, a Mason Republican, has been indicted by a Hamilton County grand jury on 16 felony counts involving alleged security fraud – charges that could result in a maximum of 102 years in prisons if convicted on all counts.
And, Ohio Attorney General Mike DeWine said Friday at a press conference with Hamilton County prosecutor Joseph T. Deters, there could well be more charges to come in an “on-going investigation” of Beck’s handling of money of investors in a start-up software company.
Update: U.S. District Court Judge Timothy Black has scheduled a hearing Monday at 1:30 for this case. Attorneys for Jim Obergefell and John Arthur and attorneys from the Ohio Attorney General's Office will present their case.