Idaho Sen. Mike Crapo is defending his former campaign manager who lost $250,000 in campaign funds in a risky investment, while also calling the incident “discouraging” and “deeply distressing.” Crapo’s then-campaign manager, Jake Ball, loaned $250,000 in campaign funds in 2008 to a longtime friend’s now-defunct investment company, Blueberry Guru LLC, which invested it into real estate ventures in Nevada and California that promised a quick profit. Instead, the money disappeared. Crapo said he wasn’t informed about the bad loan until late 2010; he worked with the FBI and U.S. Attorney’s office to try to pursue the matter, but to no avail; now, he’s filed amended campaign finance reports for 2008 and 2009 to reflect the loss/Betsy Russell, Eye on Boise. More here.
Question: Should Crapo have thrown this guy under the bus?