Minnesota politicians are scrambling to jettison campaign cash donated by Tom Petters, the Twin Cities businessman accused of high-level fraud.
"We are giving the money to the Boys & Girls Club for this cycle," said Mark Drake, spokesman for Sen. Norm Coleman, referring to $4,600 Petters contributed to the senator's campaign since 2003. Coleman's campaign got another $2,000 from Petters during the 2002 race for U.S. Senate.
Sen. Amy Klobuchar, a Democrat, is giving $4,200 she got from Petters in 2005 and 2006, and additional contributions from some of his associates, to the American Red Cross, Habitat for Humanity and other groups.
Petters, it turns out, will get his $4,000 in contributions to Republican Gov. Tim Pawlenty refunded.
"We are returning the money," said Trisha Hamm, political director for the governor's campaign. "We have to send it back because state [campaign] finance laws limit us to $50 a year in charitable contributions."
Pols have plenty of Petters money to disgorge. He has given at least $400,000 to political campaigns, parties or interests over the years, more than half of it to Minnesotans running for state or federal offices.
He contributed to many Democratic and Republican candidates and party units across the state and country, but most of the money went to Republicans.
Petters is being held without bond in the Sherburne County Jail on federal charges in connection with an alleged investment fraud scheme that authorities say could exceed $3 billion.