"Conspiracy, wire fraud, money laundering, extortion, insurance fraud, criminal forfeiture." (from CNN TV)
...AP says it's about a land deal.
...there were resignation rumors 10 months ago, though it didn't happen.
U.S. Rep. Rick Renzi, R-Ariz., could soon step down in the wake of a federal investigation into his involvement in a federal land swap deal and FBI raids of an insurance agency owned by his wife.
His resignation could come as early as Friday or soon after, according to sources familiar with the matter.
Here was his statement at the time.
For several weeks, I have been the subject of leaked stories, conjecture, and false attacks about a land exchange. None of them bear any resemblance to the truth, including the rumor that I am planning on resigning.
...more.