Dominelli Pleads Guilty

Former financier J. David Dominelli, already serving a 20-year federal prison term for defrauding investors, today pleaded guilty to state charges arising from a plot to illegally finance former Mayor Roger Hedgecock’s 1983 campaign.

Dominelli, who suffered a stroke last October, was sentenced to two years in state prison after pleading guilty to one count of conspiracy. He will serve the state prison sentence concurrently with his 20-year federal term. Dominelli is the first of Hedgecock’s three co-defendants to be convicted or plead guilty since Hedgecock’s conviction by a Superior Court jury last October on perjury and conspiracy charges. Hedgecock resigned as mayor Dec. 10 shortly before he was sentenced to a year in jail.