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Former Maryland GOP official indicted for embezzling funds to refinance a yacht.
A former Maryland Republican Party official, James Appel, has been indicted on wire fraud and money laundering charges.
Prosecutors allege he embezzled $200,000—$100,000 from a politician’s campaign account and $100,000 from a local tennis nonprofit—to refinance a yacht.
Appel, who served as comptroller for the Maryland GOP, diverted the funds into his personal accounts and submitted false reports to cover the theft.
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Antiguo funcionario republicano de Maryland acusado de malversación de fondos para refinanciar un yate.