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Senator Seeks Missing Campaign Cash by Suing California Bank

Democratic U.S. Senator Dianne Feinstein of California, trying to trace and recover millions of dollars in campaign donations allegedly embezzled by her treasurer, sued the bank where the money was deposited.

Feinstein filed suit yesterday in California Superior Court in Los Angeles against, among others, Westlake Village-based First California Bank and Kinde Durkee, the former treasurer, who was arrested Sept. 2 charged with stealing money from lawmakers’ campaign accounts.

According to her complaint, Feinstein’s Senate campaign account received statements saying she had $2.5 million in the bank at the end of July. In fact, there was only $356,250 in the accounts, the suit said. Feinstein’s committee reported a balance of $5 million at the end of June, Federal Election Commission reports show.

“We are obviously in a situation where we’re trying to find out where our money is,” said her chief campaign consultant, Bill Carrick. “What we want is a full accounting of our records in that bank and to be reimbursed for everything that was taken from us. All of this happened inside their bank, which they had to have full knowledge of.”

A call to bank headquarters wasn’t returned.

Carrick said the suit was filed only after the bank refused to release records to the Feinstein campaign unless it agreed to hold the bank harmless for losses. The suit itself says the bank should shoulder the blame.

‘Illegal Transfers”

Durkee’s actions “required the assistance of willing financial institutions,” the suit said. “In this case, First California Bank was at the heart of the illegal transfer of money” from Feinstein’s accounts.

The suit said Durkee, “with the substantial assistance” of the bank and others, used money from Feinstein’s accounts “to cover her personal and business expenses and to reimburse other elected officials’ campaign funds from which she had also embezzled.”

Feinstein, 78, and California Democratic Representatives Susan Davis and Loretta Sanchez were among the lawmakers who employed Durkee. Davis earlier this month sent a letter to supporters saying “We have been robbed!!”

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