Schuldt Pleads Guilty

Former Clean Cut Kid and Hildebrand Tewes business manager Chad Schuldt pleaded guilty to stealing from the company doing consulting work for the Barack Obama campaign.

Chad Schuldt, 37, pleaded guilty Tuesday in Minnehaha County Circuit Court to two counts of grand theft.

He overpaid himself, issued cash advances and made unauthorized purchases on a company credit card, a police affidavit says, costing the firm nearly $200,000.

Under a plea deal, he will get five years of suspended prison time on one charge and could get up to 10 years on the other. A sentencing date has not been set.

Can he blog from prison?

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