The Secretary of Commerce in the first Nixon administration, Stans became finance chairman for the Committee for the Re-election of the President in 1972. His fund-raising efforts brought in nearly $60 million for Nixon, some of which was used to finance the Watergate burglaries and political dirty tricks against Democrats. However, Stans maintained that he had no knowledge of how the money he raised was used.
Stans was later indicted on charges of conspiracy, obstruction of justice and perjury in connection with his efforts to influence the Securities and Exchange Commission to protect Robert Vesco, an international financier and accused swindler. Through Stans, Vesco gave $200,000 in cash to Nixon's re-election campaign. Some of the money was used to finance the Watergate break-in. Both Stans and his co-defendant, former attorney general John Mitchell, were acquitted of the charges.
Stans authored two books about his experiences: "The Terrors of Justice: The Untold Side of Watergate" (1985) and "One of the President's Men: Twenty Years With Eisenhower and Nixon" (1995). Stans remained loyal to the former president, raising $27 million for the Nixon Library in Yorba Linda, Calif.
Stans died on April 14, 1998, at the age of 90 in Pasadena, Calif.
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