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A Quick Summary of the Charges Against Davison

Wow. This sure doesn’t look like a registration mistake or an accounting error; this is theft and massive fraud. The Auditor’s Office is charging Davison with defrauding two families of $1.2 million:

  • conducting securities business without proper registration
  • fraudulently claiming to a client that he invested $664,000 into an IRA account that never existed.
  • Beginning in  2003 , the investor received monthly checks of $5,560, until February 2006, when a check came back marked Insufficient Funds. The investor then found out that he had no IRA account in his name at the bank Davison claimed.
  • fraudulently failing to return an investment of $250,000, as promised
  • inventing an investment opportunity called the St. Labre Indian School Trust, and taking $275,000 from a second complainant and spouse

All of this is from two complainants, who contacted the Auditor’s office quite recently. There’s every reason to believe that further investigation will reveal more fraud here.

I’m tempted to draw the connection back to Senator Burns here. After all, I am told that because Jon Tester links to Daily Kos, he is a leftwing radical. What conclusion should I draw from the fact that Conrad Burns seems to draw fraudulent, law-breaking characters like flies to Jason Klindt?

Countdown to claims  that these charges are politically motivated… 10…9…8

Update: Let the spin begin. Klindt is claiming that Davison resigned last month, even though "a search of the campaign’s Web site turns up no press release announcing the departure, and a search of the Nexis database results in no articles mentioning the split."

Related Posts:
  • The Incredible Vanishing Davison Story
  • Picking away at the spin one argument at a time…
  • Where’s Pat?

    • Fri, Aug 25, 2006

    MT Politics, Senator for Saginaw Chippewas

    This post was written by:

    Pogie - who has written 947 posts on Intelligent Discontent.

    I am an English and debate teacher from Helena, MT.

    Contact the author

    4 Comments For This Post

    1. Wulfgar Says:
      August 25th, 2006 at 3:04 pm

      Kind of an aside here, but if I read those charges correctly, Davison (alledgedly) commited fraud and faces *NO* jail time?!? Crimany, boosting a candy-bar will get you at least a couple days in county. This guy, (alledgedly) snookered two clients for a rob-Peter-to-Pay-Paul shuffle game, and he faces no jail time. How is this fair?

    2. clark bar Says:
      August 25th, 2006 at 6:13 pm

      I’m really out of the loop on this one. Is there a link anywhere?

    3. clark bar Says:
      August 25th, 2006 at 6:14 pm

      Missed the update. NM.

    4. anon Says:
      August 25th, 2006 at 9:25 pm

      “Judge him by the company he keeps” - there seems to me some wisdom in that … however

      Yet do not rush to make rash statements

      We have a relatively long time to November…

      Our current State Auditor is incompetent in his current job and we should not attach much significance to the charges until proven. In fairness to Mr. Morrison, many of his predecessors, both Repulicans and Democrats, also attained the office through political strategy as a stepping stone to other things and without any background in what the job entails…. and I probably know more whereof I speak than 99.99% of Montanans.

      All I’m saying is do not rush… watch and let it unfold…

    4 Trackbacks For This Post

    1. Left in the West » Blog Archive » One Eye on Tehran Says:
      August 25th, 2006 at 8:18 pm

      t want to get ‘em in trouble). But there’s an overall trend here — to get money, Burns will surround himself with the most corrupt characters in the country. Update 3: Intelligent Discontent has more.

    2. 4&20 blackbirds Says:
      August 26th, 2006 at 9:07 pm

      should be given back to the people Davison defrauded. A couple of things the good people over at Intelligent Discontent uncovered are also worth highlighting. First, while Klindt claims Davison hasn’t worked for Burns in “four weeks,” there was no announcement concerning his departure. Your chief fundraiser quits the campaign, and it’s not a newsworthy event? Two things: either the folks working for Burns knew why he was quitting and wanted to keep it out of the spotlight, or he never quit.

    3. Wrong Dog's Life Chest Says:
      August 29th, 2006 at 5:51 pm

      reasons. The Burns campaign did not have comment other than to confirm Davison was in a fundraising position. Personal reasons? Could it be that he knew he was going to be busted in less than a month? Were thinks getting hot for him? Update 2 Pogie points out that though Klindt is claiming that Davison resigned less than a month ago, their are no readily available press releases about it. If he had indeed resigned, wouldn’t you think that would have been announced in some way?

    4. A Chicken Is Not Pillage Says:
      September 2nd, 2006 at 3:03 am

      There’s a whole lot of us who just aren’t buying the bullshit. *Yet Again*, Conrad Burns finds himself in the midst of corruption, and Montanans are none too happy. I’m not happy. Pogie … none too happy. Twice even. Matt is really not amused. Shane kicks the can and proves his cry of “UNFAIR!”, all justifiably. touchstone is irritated. Update: I feel remiss in not pointing out that for many folks, the story was broken by Justin Rood at

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