Chaka Fattah Indicted For Allegedly Taking $1 Million Loan From Penn State Trustee Al Lord
Chaka Fattah probably owes Al Lord dinner. Or a big faced Rollie…or maybe 66 of them.
In 2007, Fattah got a $1 million dollar boost to his mayoral campaigning budget from an undercover “Person D,” later (allegedly) identified as former Sallie Mae CEO and Penn State alumnus and trustee Al Lord. Struggling in his campaign, Fattah received the illegal $1 million via Thomas Linfield, a politician who received the money via a personal loan from Lord.
Though this is not the first time Fattah has been under fire or indicted, it is unknown whether or not Lord knew about Fattah’s shady past/additional involvements when he offered the financial support.
As you may realize, Fattah lost the election to current Philadelphia Mayor Michael Nutter, and Lord wanted the debt repaid. Fattah agreed, allegedly ordering his associates to use charitable funds and federal grants to pay the money back through his scholarship nonprofit. To get the money paid back to Lord, the head of EAA, Fattah’s nonprofit, created fake contracts, tax returns, and campaign finance documents, funneling the money from the nonprofit to Linfield and then to Lord.
You may be wondering why you’re reading it as news today. Well, on Wednesday, Federal prosecutors charged Fattah with a 29-count racketeering conspiracy indictment for channeling the hundreds of thousands of dollars to pay off the illegal loan from Lord (as well as his son’s college debts). Additionally, Fattah is accused of accepting a number of bribes in many forms.
Fattah is denying the allegations against him, insisting he has done nothing wrong. Linfield admitted to his part in the scheme — last August — and Lord doesn’t need either option — he is not being charged.