A former state assemblyman pleaded guilty in federal court in San Francisco Wednesday to money laundering in connection with an investment scheme related to plans for coffee shops at BART stations.
Terrence Goggin, 78, of San Francisco, a former Democratic assemblyman from San Bernardino who later practiced law in San Francisco, entered the plea to one count of money laundering before U.S. District Judge James Donato.
U.S. Attorney’s Office spokesman Abraham Simmons said Goggin admitted during the plea that in 2013, he diverted $685,000 from coffee shop investors to bank accounts for other ventures and never spent the money on proposed shops at BART’s Civic Center and Balboa Park stations in San Francisco.
Simmons said Goggin agreed to pay at least $685,000 in restitution. Goggin will be sentenced by Donato on April 1 and faces a potential maximum sentence of up to 10 years in prison in addition to a restitution order. He is currently free on bond.
Before seeking the new investments, Goggin had built coffee shops at four other San Francisco and East Bay BART stations, according to a 2018 indictment.
Goggin served in the Assembly from 1974 to 1985. He later practiced law in San Francisco but his license to practice has been suspended for failure to pay State Bar fees, according to the State Bar.
13 comments
oxymoron: Honest Politician.
And a Democrat. Imagine that.
Duncan Hunter a Republican imagine that.
It amazes me how many corrupt politicians are being exposed since
Trump took office. And, they all be Demos
@OverWhelmed – uh yeah, like Trumps buddies, Hunter and Collins…. LOL.
Democrat orRepublican: I don’t care. Crime is crime, and when politicians commit them in office they should suffer capital punishment. It’s treason as far as I’m concerned; they violated the public trust.
right, democrat or republican makes no difference. Salary is $174,000 yet 50% are millionaires. Reminds me of my expense account eons ago
Damned old fool! He’ll never live long enough to serve out a ten year sentence. We’ll have to work out a way to cram ten years of punishment into one year.
How could he be so stupid? That is all I have to say!!
Why do BART stations have coffee shops when you are not allowed to eat or drink in the stations?
Exactly, that was the question that gentlemen had when he got sited for easting on the platform. Agreed, that he probably won’t serve the entire 10 years, though, he could be like my dad and at 93 is still active. I just want to know who runs the coffee shops that were built and does Terrence Goggin still reap benefits from them. There are a lot more victims than just the ones the invested.
Anyone watch “the Clinton files” tonight on VICE?
Hours and hours of crimes the Clintons did,but nobody has bothered to prove(they don’t want to be suicided.)
🙂
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