Rep. Rick Renzi, R-Ariz., a three-term congressman and an independent insurance agent, was indicted today by a federal grand jury in Arizona on charges related to a land deal in that state.

The indictment accuses Rep. Renzi and two former business partners of conspiring to promote the sale of land that buyers could swap for property owned by the federal government. The sale netted one of Mr. Renzi’s former partners $4.5 million.

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