11/28/2008 05:12 am ET Updated May 25, 2011

Bachmann Withdraws Pardon Request For Campaign Contributor Tied To $3 Billion Fraud Scheme

U.S. Rep. Michele Bachmann wrote a letter last year recommending a federal pardon for a major campaign contributor who was once convicted of felony money laundering, firearm and drug charges on the basis he had reformed.

This month, she withdrew that recommendation on behalf of Frank E. Vennes Jr., eight days after the FBI searched his Shorewood home and office and confiscated documents, money, art, coins and jewels that agents think may be related to a $3 billion investment fraud scheme in which Minnesota business mogul Tom Petters has been charged.

Some of the court filings suggest Vennes may have been a participant. He has not been charged.

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