McCord to Plead Guilty to Extortion Charges
Former State Treasurer Rob McCord has been charged and pled guilty to two counts of extortion.
That’s according to court papers filed today.
The two charges of extortion were connected to a law firm and a property-management firm.
The maximum penalty for each charge is 20 years in prison and a $250,000 fine.
It is not yet clear if the plea agreement will allow McCord to avoid jail time.
The former State Treasurer and gubernatorial candidate announced his intention to resign last Thursday. The next day, however, it was revealed he was pleading guilty to federal charges.
Update: The Pittsburgh Post-Gazette has posted links to the court case and plea argument.