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Index (***NOTE*** The CIWS discusses Canadian provincial conflicts of interest regarding WCB at http://www.ciws.ca/politicians_fix_wcb.htm ) Marketer guilty of bribing Bureau of Workers' Compensation officialConvicted felon and investment marketer Clarke T. Blizzard. ( TODD STUBING/SPECIAL TO THE BLADE ) By STEVE EDER BLADE STAFF WRITER FORT MYERS, FLA. — Investment marketer Clarke Blizzard pleaded guilty in federal court this morning to a felony charge that he conspired to bribe the Ohio Bureau of Workers' Compensation's former financial chief. With his guilty plea, Blizzard, 52, admitted that he gave at least $20,000 to Terrence Gasper, the bureau's disgraced former chief financial officer, in exchange for the agency placing hundreds of millions of dollars with investment firms he marketed. The pacts led to more than $2.5 million in fees and commissions for Blizzard's clients. Blizzard is the 13th person convicted on charges stemming from the state and federal corruption probe that began after The Blade in April, 2005, exposed the agency's problematic $50 million investment in rare-coins with GOP insider Tom Noe. Convictions include Noe, who was sentenced to 18 years in prison for stealing from the coin fund, and former Ohio Gov. Bob Taft, who was convicted on ethics charges. Blizzard, a former minor league hockey player and one-time star investment salesman, is cooperating with the state and federal task force, which is continuing its multi-faceted investigation into the operations of the bureau. He faces a maximum of five years in federal prison and a $250,000 fine. His sentencing is set for May 3 in Ohio. Wearing a gray suit and blue tie, Blizzard remained emotionless throughout the 90-minute court hearing. He made no statements to Judge David Dowd, Jr., of the U.S. District Court in Akron, who's vacationing in Florida, other than to say "I plead guilty." He was booked and released on $50,000 bond. Read more in later editions of The Blade and ontoledoblade.com . http://toledoblade.com/apps/pbcs.dll/article?AID=/20070228/BREAKINGNEWS/70228022 (***NOTE*** The CIWS discusses Canadian provincial conflicts of interest regarding WCB at http://www.ciws.ca/politicians_fix_wcb.htm ) Back to Article Index |