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Fri March 1, 2013
Tim Cahill to Pay $100,000 in Settlement with AG
Former state Treasurer Timothy Cahill will pay a fine of $100,000 and serve as long as four years probation after making a deal with Attorney General Martha Coakley, according to her office.
Cahill admitted to violating state ethics laws for running $600,000 in Lottery advertising while he was running for governor in 2010. He agreed to 18 months to four years of probation in addition the fine. If Cahill pays the fine within the 18 months, that will be the length of his probation.
Specifically, Cahill agreed he “knew, or should have known, that he was attempting to use his official position to secure for himself an unwarranted privilege of substantial value.”
“With today’s resolution, Treasurer Cahill has now admitted that he violated our state ethics laws during his 2010 gubernatorial campaign,” Coakley said in a statement. “He has paid a significant penalty as a result. With the Treasurer’s admission of these violations and the payment of this fine, we believe this is a just resolution to this case.”
BOSTON PUBLIC RADIO