Marc Alan Chase, 52, faces up to eight years in prison and $800,000 in fines when he is sentenced Nov. 13.
The co-owner of a La Jolla luxury car dealership pleaded guilty in federal court Thursday to eight misdemeanor counts of campaign finance crimes, including conspiracy, aiding and abetting contributions by a foreign national and making a “straw” contribution in connection with a federal campaign.
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Two of Chase’s corporations, South Beach Acquisitions, Inc. and West Coast Acquisitions, Inc. consented to the filing of felony charges of conspiracy and entered into deferred prosecution agreements with federal prosecutors.
