Martin's Chief Of Staff Entangled In Fraud Case
June 16, 2008 at 5:13 AM (PT)
While FCC Chairman KEVIN MARTIN's decision on the satellite merger was making headlines, so was an investigation of his Chief of Staff DANIEL GONZALEZ, whose investment in a small energy company has drawn him into a fraud inquiry, as well as lawsuits from that company's lenders.
The NEW YORK TIMES reports that GONZALEZ invested $100,000 in MCUBE PETROLEUM and joined the company's board in 2006, but the SEATTLE-based company was later accused by the IRS of being a Ponzi scheme. Lender lawsuits claim that GONZALEZ, as an MCUBE Director, personally guaranteed over $7 million in promissory notes which have not been repaid. GONZALEZ' attorney STEPHEN WILLEY told the TIMES that GONZALEZ was duped by MCUBE founder ROBERT L. MIRACLE.
The TIMES adds that GONZALEZ offered his resignation from the FCC to MARTIN late last year, and MARTIN declined to accept.