Ohio: Richard Cordray

June 1, 2009 - 01:24 pm
NEWS FEED: Columbus Dispatch

Iraq vet announces run for treasurer

Mandel, 31, from Lyndhurst, made his announcement via a polished six-minute video on his campaign Website, www.joshmandel.com, followed by a Statehouse press conference.

"I am answering the call from Ohioans for new energy and fresh ideas in state government," Mandel said. "They want honest, principled leaders to watch over their tax dollars."

Mandel is in his second term representing the 17th House District in the Cleveland area. He previously was a member of Lyndhurst City Council. He earned a bachelor's degree from Ohio State University and a law degree from Case Western Reserve University.

Mandel's video, titled An American Story, heavily emphasizes his Iraq experience as well as his family history of military service.

May 21, 2009 - 10:15 am
NEWS FEED: Columbus Dispatch

Officials target phony charities

The Federal Trade Commission and attorneys general from Ohio and 31 other states have launched "Operation False Charity" to teach consumers how to spot fake charities.

The effort begins as they also announce an agreement with Community Support Inc., a Wisconsin-based professional fundraising company, which solicited money supposedly to benefit firefighters, police and veterans.

The company has agreed to stop using illegal tactics to solicit funds, Ohio Attorney General Richard Cordray said. The company also agreed to pay a fine of $200,000 to be divided among the states -- Ohio's share is $8,000 -- and will pay $10,000 for any future violation of the agreements.

"We're all familiar with telemarketing calls and direct mailings that ask for charitable donations to support what sounds like a meaningful effort to assist local veterans or safety forces," Cordray said.

May 18, 2009 - 11:11 am
NEWS FEED: Columbus Dispatch

State's cash for victims drying up

Salcedo, 29, of Westerville, had to quit her job as a bilingual employment recruiter to take care of her son.

Without more than $40,000 from a state fund for crime victims, Salcedo said, she'd never have been able to give her son the attention and therapy he needed to recover.

While the boy, Julien Rader, is doing better, the fund that helped pay for his recovery is clinging to life.

Attorney General Richard Cordray, whose office administers the Crime Victims Compensation Fund, warned lawmakers in April that the fund will be empty in two years without changes. Cordray repeated those warnings in a Dispatch interview Friday.

"I've assured (crime victims) that whatever it takes, we will protect this fund," Cordray said.

May 15, 2009 - 04:26 pm
NEWS FEED: The Daily Briefing

Cordray files objection to Chrysler sale

Ohio Attorney General Richard Cordray probably can't stop the multi-billion-dollar sale of Chrysler by the Italian automaker Fiat, but that didn't stop Cordray from putting his objections on the record.

March 19, 2009 - 10:34 am
NEWS FEED: Buckeye State Blog

Chillicothe Gazette Holding Live Chat With AG Cordray At Noon

The Chillicothe Gazette will be holding a live chat with Attorney General Richard Cordray today from 12:00 until 2:00.

March 13, 2009 - 05:33 pm

Cuyahoga County Democratic Party fund-raiser is filling up

The Cuyahoga County Democratic Party is expecting a full house during its annual fund-raiser March 29 at Executive Catering at Landerhaven.

Some local Democrats worried that the county corruption scandal and the recent Ohio Democratic Party dinner in Cleveland would cut into ticket sales.

But insiders say the county party is close to hitting the 750 person target for the event. The event sells out every year largely thanks to law firms, unions, and corporations that want to stay close to the party that dominates politics in the county. Tickets for this year's event cost $175 apiece. Sponsorship cost up to $1,750.

March 10, 2009 - 07:11 am
NEWS FEED: Columbus Dispatch

State wants refunds of 'gifts'

CertifiChecks Inc., which did business nationwide, closed last week, leaving thousands of customers with unredeemed store and restaurant certificates that are now worthless, Attorney General Richard Cordray said in a statement. The Central Ohio Restaurant Association was among its clients.

The lawsuit accuses CertifiChecks of violating Ohio's Consumer Sales Practices Act by failing to honor gift certificates after accepting payment from consumers and misrepresenting that consumers could submit unused gift certificates for reimbursement.

The company said on its Web site that it plans to file for bankruptcy protection, and as a result, reimbursement would have to be pursued through bankruptcy court, Cordray said.

March 4, 2009 - 08:04 am
NEWS FEED: Columbus Dispatch

State didn't have right to investigate, Dann says

And even if the law had been valid, the inspector general didn't have the authority to poke around Dann's campaign and transition funds, the former attorney general maintains.

Furthermore, the damning report that Inspector General Thomas P. Charles did produce after a six-month investigation is a flimsy foundation for a complaint alleging that Dann violated election laws, Dann says in a new filing with the Ohio Elections Commission.

Dann's 250-page filing -- complete with mountains of evidence and even a lawsuit against his neighbor and former aide Anthony Gutierrez -- suggests that the former attorney general plans to mount a full-throated defense against allegations that he misused campaign money for personal purposes.

February 26, 2009 - 08:33 am
NEWS FEED: Columbus Dispatch

Reinsurer to settle Ohio fraud suit for $72 million

Gen Re is alleged to have participated in a fraudulent $500 million reinsurance transaction with AIG that allowed the company to improperly inflate its loss reserves, Ohio Attorney General Richard Cordray said.

Loss reserves are a key indicator of a company's financial health to investors and insurance industry analysts.

"When the truth about this fraud and other AIG manipulations was made public, the price of AIG stock declined," Cordray said in a statement. "Investors, including Ohio's pension funds, had been deceived and suffered significant financial losses."

The Ohio attorney general is the lead plaintiff in the class-action lawsuit, which was filed in 2004.

The state took action on behalf of AIG shareholders, including the Ohio Public Employees Retirement System, the State Teachers Retirement System and the Ohio Police & Fire Pension Fund.

February 24, 2009 - 03:04 pm
NEWS FEED: Columbus Dispatch

Ohio lawmakers push to curb teen dating violence

Ohio Attorney General Richard Cordray and Democratic lawmakers said Tuesday they want to allow
juvenile courts to issue protection orders for minors involved in a dating relationship.

Another bill would establish school programs about teen dating violence.

The bills are inspired in part by Johanna Orozco, a Cleveland teenager who was shot in the face
by her ex-boyfriend in 2007 after she broke up with him. She's had 12 surgeries.

Orozco wanted to get a protection order when he stalked her, but juvenile courts can't issue
such orders against minors.

The bill to change the law passed the House last year but stalled in the Senate.