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NV GOP congressional hopeful says $17M judgment result of fraud

By   /   June 1, 2012  /   News  /   No Comments

By Sean Whaley | Nevada News Bureau

Danny Tarkanian

CARSON CITY — A leading candidate for the Republican nomination for the 4th Congressional District seat said a $17 million court judgment again him and his family is the result of fraud and not bad judgment.

Danny Tarkanian, one of several Republicans vying in the June 12 primary to face state Sen. Steven Horsford, D-Las Vegas, in the November general election, said the developer in the transaction took and used his money for purposes other than developing a project in Anza, Calif.

Tarkanian discussed the case on Jon Ralston’s Face To Face television program Thursday. The son of basketball legend Jerry Tarkanian, he is viewed as a favorite in the primary, which includes state Sen. Barbara Cegavske, R-Las Vegas.

Tarkanian said his family was misled in the real estate deal, and it bears no correlation to how he would perform as a U.S. representative. The judgment is the result of a dispute that bankrupted the original developer, Robert Dyson, and La Jolla Bank, which financed most of the deal.

Read the complete story at the Nevada News Bureau