KETCHIKAN - A U.S. District Court jury Wednesday found lobbyist Geoffrey Bullock guilty of three federal wire fraud charges. He was found innocent of two other charges.
Bullock is registered with the Alaska Public Offices Commission as a lobbyist for the Alaska State Medical Association, Alaska Physicians and Surgeons, Southeast Alaska Pilots Association and the city of Ketchikan.
A federal grand jury indictment in November accused Bullock of accepting $200,000 from two Russian investors to start a joint venture and spending the money for his own purposes.
According to prosecutors, in July 1997, the Russian investors transferred $200,000 by wire into an account controlled by Bullock after he persuaded them he could use the money to convince the Ketchikan Gateway Borough Assembly to loan up to $4 million to the fish-exporting venture.
Bullock maintained he spent the money on expenses essential to completing the deal with the Russian investors.
Assistant U.S. Attorney Crandon Randell said the jury found Bullock guilty of the charge that was the main issue in the trial.
Defense attorney Louis Menendez said Bullock is innocent and was himself the victim of fraud.
U.S. District Court Judge Robert Bryan scheduled sentencing for Sept. 5 in Ketchikan. Bullock remains free on bail.
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