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First California Bank
$4-million settlement reached in political embezzlement case
$4-million settlement reached in political embezzlement case

A California bank has agreed to pay $4 million to settle lawsuits arising from the embezzlement of political funds by prominent Democratic campaign treasurer Kinde Durkee, attorneys said Thursday. First California Bank agreed to pay the politicians who said the bank abetted Durkee's fraud, said Wylie Aitken, the attorney representing Reps. Loretta Sanchez (D-Garden Grove), Linda T. Sanchez (D-Lakewood) and Susan A. Davis (D-San Diego), as well as state Sen. Lou Correa (D-Santa Ana). "This the last chapter of this sad story of Kinde Durkee and her fall from grace," Aitken said. Durkee pleaded guilty to fraud in March 2012; she is currently serving an eight-year prison...

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