Congressman Rick Renzi, already in trouble on corruption charges, received more bad news yesterday. Federal prosecutors added new counts to his indictment, including "racketeering, making a false statement on a tax return and other counts to an indictment against Arizona Congressman Rick Renzi.

On the heels of Rep. Rick Renzi's (R-AZ) indictment on 35 counts of conspiracy, fraud, money-laundering and much else the House has formed an ethics subcommittee to conduct its own investigation of the Congressman's dealings.

Rep. Rick Renzi (R-AZ) has just been indicted on 35 counts, including money laundering, wire fraud, and extortion stemming from a land deal wherein Renzi used his official capacity to get people to buy land from a partner, who then filtered some of the money back to Renzi -- there are also separate charges related to Renzi possibly embezzling money from a side business to fund his congressional campaigns. TPM Muckraker has the considerable muck.

There's only so long a Representative can be the subject of an FBI investigation into a shady land deal with a former business partner and campaign donor before he gets the urge to hang up his spurs and seek out a more private life. Rep. Rick Renzi (R-AZ) has announced he won't seek re-election in 2008.

Rep Rick Renzi (R-AZ), has taken tens of thousands in campaign cash from ManTech, a defense contractor who's senior vice president is Renzi's father.  Renzi, for his part, has voted in favor of nine separate bills from which ManTech was set to profit.  Conflict of interest?  Nick Nyhart, our executive director, . . . . .