Rob McCord

Rob McCord
Rob McCord
Criminal charge	Two counts of extortion
Penalty	2 and a half years in prison

Rob McCord
Rob McCord
36th Treasurer of Pennsylvania
	In office; January 2, 2009 – January 30, 2015
Governor	Ed Rendell; Tom Corbett
Preceded by	Robin Wiessmann
Succeeded by	Tim Reese
Personal details
Born	March 5, 1959
Political party	Democratic
Alma mater	Harvard University; University of Pennsylvania

Robert Maxwell McCord (born March 5, 1959) is an American politician and convicted felon who served as the Treasurer of Pennsylvania from January 2, 2009 to January 30, 2015.

A member of the Democratic Party, he was an unsuccessful candidate for the Democratic nomination for Governor of Pennsylvania in the 2014 election.

In January 2015 he announced his resignation as Treasurer of Pennsylvania.[1] On February 17, 2015, McCord pleaded guilty to two counts of extortion.[2]

Early life and education

McCord was born on March 5, 1959 in California. When he was 10 he moved to Ardmore, Pennsylvania and later attended Lower Merion High School. After graduating from Lower Merion High, McCord took a year off and then went to Harvard College. At Harvard he did one year abroad and went to Trinity College in Ireland and (back at Harvard) met Leigh Alexandra Jackson, his future wife. McCord also obtained an MBA from the University of Pennsylvania before he moved to Washington, D.C. McCord traveled back to Pennsylvania and set up home in Narberth, less than a mile from Ardmore. After having two children, the McCord family ventured to Bryn Mawr. McCord moved to North Carolina to become a yoga instructor. He lived in Long Branch, New Jersey prior to his arrest and conviction. [3]

Career

From 1994 through 1998 McCord was a senior executive at Safeguard Scientifics. McCord founded and from 1998 to 2007 ran the Eastern Technology Council.[4] McCord was elected the Treasurer of Pennsylvania in 2008. He, his wife, and their sons Jackson and Grant lived in Bryn Mawr.[5]

In 2014, McCord ran for Governor of Pennsylvania in the Democrat primary. He finished third in the May 20 primary, however, behind nominee Tom Wolf and U.S. Representative Allyson Schwartz.[6]

Federal Trial and Conviction

On January 29, 2015, McCord announced his resignation, effective February 12. The next day, he announced his resignation effective immediately and said he intended to plead guilty to federal charges of extortion relating to campaign fundraising.[1] On February 2, 2015, McCord was formally charged, and on February 17, 2015, he pled guilty to two counts of extortion.[7][2] After being made aware that he was being investigated but before he resigned, McCord cooperated as an informant on political donors. McCord's case was delayed after he pled guilty, possibly assess the usefulness of his cooperation.[8]

On August 28, 2018, McCord was sentenced to 30 months in prison by judge John E. Jones III.[9]

References

"Pennsylvania treasurer Rob McCord says he will plead guilty to federal charges | Local News". lancasteronline.com. January 30, 2015. Retrieved January 30, 2016.
"Ex-Treasurer Rob McCord's guilty plea in extortion case didn't go off without a hitch". PennLive.com. February 17, 2015. Retrieved January 30, 2016.
https://www.mcall.com/news/breaking/mc-nws-pa-rob-mccord-sentenced-20180828-story.html
Wink, Christopher (February 4, 2011). "Rob McCord, Pennsylvania state treasurer: Philly is one of country's two best low-cost entrepreneurship spots". Technically Philly.
"Index...Pennsylvania Treasury - Earn. Learn. Invest". patreasury.org. Retrieved January 30, 2015.
Foster, Brittany (May 20, 2014). "PA-Gov: Wolf Wins Democrat Nomination". PoliticsPA. Retrieved May 21, 2014.
"McCord to Plead Guilty to Extortion Charges". PoliticsPA. February 2, 2015. Retrieved January 30, 2016.
Thompson, Charles (April 28, 2016). "Whatever happened to former state Treasurer Rob McCord? Here's an update, courtesy of Philly.com". Harrisburg Patriot-News. Retrieved January 29, 2017.
http://www2.philly.com/philly/news/breaking/pennsylvania-treasurer-rob-mccord-prison-extortion-20180828.html

Party political offices
Preceded by Bob Casey	Democratic nominee for Treasurer of Pennsylvania 2008, 2012	Succeeded by Joe Torsella
Political offices
Preceded by Robin Wiessmann	Treasurer of Pennsylvania 2009–2015	Succeeded by Tim Reese

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[lancasteronline1-1] "Pennsylvania treasurer Rob McCord says he will plead guilty to federal charges | Local News". lancasteronline.com. January 30, 2015. Retrieved January 30, 2016.

[pennlive1-2] "Ex-Treasurer Rob McCord's guilty plea in extortion case didn't go off without a hitch". PennLive.com. February 17, 2015. Retrieved January 30, 2016.

[3] ttps://www.mcall.com/news/breaking/mc-nws-pa-rob-mccord-sentenced-20180828-story.html

[4] Wink, Christopher (February 4, 2011). "Rob McCord, Pennsylvania state treasurer: Philly is one of country's two best low-cost entrepreneurship spots". Technically Philly.

[5] "Index...Pennsylvania Treasury - Earn. Learn. Invest". patreasury.org. Retrieved January 30, 2015.

[primaryloss-6] Foster, Brittany (May 20, 2014). "PA-Gov: Wolf Wins Democrat Nomination". PoliticsPA. Retrieved May 21, 2014.

[7] "McCord to Plead Guilty to Extortion Charges". PoliticsPA. February 2, 2015. Retrieved January 30, 2016.

[8] Thompson, Charles (April 28, 2016). "Whatever happened to former state Treasurer Rob McCord? Here's an update, courtesy of Philly.com". Harrisburg Patriot-News. Retrieved January 29, 2017.

[9] ttp://www2.philly.com/philly/news/breaking/pennsylvania-treasurer-rob-mccord-prison-extortion-20180828.html