Insurance magnate tied up in $500K political bribery case

July 29, 2019 by The Associated Press

An independent political committee that prosecutors allege was created to help an insurance magnate bribe North Carolina officials has relinquished the nearly $500,000 it had left to the federal government.

A midyear campaign finance report filed last week shows the North Carolina Growth and Prosperity Committee handed over the money one day before the criminal case was announced in April.

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Originally Posted at Insurance Business America on July 26, 2019 by The Associated Press.