Posted: Feb 14, 2013 11:56 AM by Associated Press
SAN DIEGO (AP) - Former San Diego mayor Maureen O'Connor has admitted in federal court that she misappropriated $2 million from her late husband's charitable foundation due to a gambling addiction in which won more than $1 billion but lost even more over nearly a decade.
O'Connor made the acknowledgement Thursday in an agreement with the government to defer prosecution for two years while she attempts to repay the debt.
O'Connor was the Democratic leader of California's second-largest city from 1986 to 1992. The two-term mayor was elected San Diego's first female leader after eight years on the City Council. She was married to Robert O. Peterson, founder of the Jack-In-The-Box restaurant chain.
Prosecutors say her gambling winnings amounted to more than $1 billion from 2000 to 2009 but she lost more than that.
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at firstname.lastname@example.org, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Watch Daybreak Web Videos in full
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties