Idaho Sen. Crapo Says Campaign Lost $250K On Loan - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Idaho Sen. Crapo Says Campaign Lost $250K On Loan

Posted: Updated:

BOISE, Idaho (AP) - Republican U.S. Sen. Mike Crapo's campaign fund lost $250,000 on an investment where it says somebody absconded with the cash.
    
Crapo made the announcement on Friday.
    
But he says he learned of the loss in 2010.
    
According to a statement, Crapo has been trying to figure out how to proceed since then, including through conversations with the FBI and the U.S. Attorney's office.
    
They say he's unlikely to get the money back.
    
Crapo says he wasn't asked about nor did he approve the loan, though he has signed off on other, federally-protected loans made in the past by the campaign to help increase money in its coffers.
    
He says the loan was approved by a top aide without his permission to an Idaho-based limited liability company, Blueberry Guru, LLC.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Top Stories from KHQTop StoriesMore>>

  • South Korean Ferry Captain Arrested As Hundreds Are Missing And Feared Dead

    South Korean Ferry Captain Arrested As Hundreds Are Missing And Feared Dead

    Friday, April 18 2014 4:38 PM EDT2014-04-18 20:38:53 GMT
    SEOUL, South Korea (AP) - South Korean news agency Yonhap reports that the captain of the South Korean ferry that sank two days ago has been arrested. Yonhap says 68-year-old Lee Joon-seok was detained early Saturday. The ship, the Sewol, sank Wednesday, leaving hundreds missing and feared dead.More >>
    SEOUL, South Korea (AP) - South Korean news agency Yonhap reports that the captain of the South Korean ferry that sank two days ago has been arrested. Yonhap says 68-year-old Lee Joon-seok was detained early Saturday. The ship, the Sewol, sank Wednesday, leaving hundreds missing and feared dead.
    More >>
  • Gruesome Murder Trial Continues In Spokane; Alex Rozier Reports

    Gruesome Murder Trial Continues In Spokane; Alex Rozier Reports

    Friday, April 18 2014 4:27 PM EDT2014-04-18 20:27:30 GMT
    SPOKANE, WA. – The murder trial for suspected killer Daniel Arteaga continued at the Spokane County Courthouse on Thursday as one of the lead investigators took the stand discussing evidence found the night of Kim Schmidt’s death. Arteaga is on trial for the murder of Schmidt, a 34 year old mother he dated for more than 6 years.More >>
    SPOKANE, WA. – The murder trial for suspected killer Daniel Arteaga continued at the Spokane County Courthouse on Thursday as one of the lead investigators took the stand discussing evidence found the night of Kim Schmidt’s death. Arteaga is on trial for the murder of Schmidt, a 34 year old mother he dated for more than 6 years.More >>
  • WATCH: Cell Phone Video Of Sinking Ferry Released As 270 Are Still Missing

    WATCH: Cell Phone Video Of Sinking Ferry Released As 270 Are Still Missing

    Friday, April 18 2014 4:21 PM EDT2014-04-18 20:21:35 GMT
    MOKPO, South Korea (AP) - Searchers have now put markers on the surface of the water where the South Korean ferry went down. Part of the ship had remained above the surface until today, but now the entire vessel is submerged. They're continuing the effort to find some 270 people who are missing and feared dead.More >>
    MOKPO, South Korea (AP) - Searchers have now put markers on the surface of the water where the South Korean ferry went down. Part of the ship had remained above the surface until today, but now the entire vessel is submerged. They're continuing the effort to find some 270 people who are missing and feared dead.
    More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KHQ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.