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Federal authorities have grabbed nearly $1.5 million that a North Carolina insurance magnate intended to use as political donations, arguing the funds may be forfeited for an attempt to bribe the state's top insurance regulator.
North Carolina's Republican Party chairman is giving up party control as he faces criminal charges that he and a major donor tried to bribe the state's top insurance regulator.
A federal grand jury has indicted multiple people in connection with an ongoing investigation involving donations made to the North Carolina Republican Party.