Pierce O’Donnell Fined $147,000 for Political Money Laundering by Los Angeles City Ethics Commission

LOS ANGELES CITY ETHICS COMMISSION N E W S …preserving the public trust For Immediate Release: For Information: Tuesday, March 14, 2006 David Tristan (213) 978-1960 CITY ETHICS COMMISSION APPROVES $256,771 IN PENALTIES FOR VIOLATIONS OF CITY CAMPAIGN... More

LOS ANGELES CITY ETHICS COMMISSION N E W S …preserving the public trust For Immediate Release: For Information: Tuesday, March 14, 2006 David Tristan (213) 978-1960 CITY ETHICS COMMISSION APPROVES $256,771 IN PENALTIES FOR VIOLATIONS OF CITY CAMPAIGN REPORTING & FINANCE LAWS AND ENDORSES CONCEPT OF EXPANDED PUBLIC FINANCING FOR ALL CITY RACES Former Councilman Martin Ludlow Fined $105,271 for Plot to Receive Excess Campaign Funds from Union; Attorney Pierce O’Donnell Fined $147,000 for Political Money Laundering At its monthly public meeting today, the Los Angeles City Ethics Commission approved 13 settlement agreements in connection with the 2001, 2002, and 2003 municipal elections involving City campaign reporting laws and contribution limits. Among the fines approved today was a $105,271. 05 maximum penalty levied against former 10th District City Councilman Martin Ludlow, for coordinating with former Services Employees International Union Local 99 President Janett Humphries to ste Less