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U.S. Rep. Chaka Fattah and four associates were indicted Wednesday on racketeering conspiracy charges stemming from several alleged schemes to misuse campaign funds and hundreds of thousands of dollars in federal grant money to further their political and financial interests.

The five schemes include accepting a $1 million illegal loan for Fattah's failed 2007 mayoral campaign from a "wealthy supporter" and then repaying some of it using "charitable and federal grant funds" that passed through a nonprofit founded and controlled by Fattah, U.S. Attorney Zane David Memeger said at a news conference.