Arizona Rep. Rick Renzi Pleads Not Guilty in Land Deal Fraud Case

Arizona Congressman Rick Renzi has pleaded not guilty to federal charges including insurance fraud, extortion and money laundering.

The three-term Republican from Arizona's 1st Congressional District made his initial appearance in U.S. District Court in Tucson on Tuesday. He was named Feb. 21 with two other defendants in a 35-count indictment.

The 49-year-old Renzi also entered not guilty pleas to a range of other charge, including conspiracy to committee wire fraud, mail fraud and wire fraud.

He's accused of helping with a swap of federally owned mining land that benefited him and a business partner. He's also accused of embezzling more than $400,000 from clients of his family insurance business.

Renzi was released without bond.