Ayotte again targeted for Ponzi scheme investigation

New Hampshire Senate candidate Kelly Ayotte (R) is again under fire for her office's response to a massive Ponzi scheme — but this time it's from her primary rival, businessman Bill Binnie (R).

Binnie released two new TV ads Monday that feature testimonials from victims of the Financial Resources Mortgage collapse, which cost investors millions.  

"Because someone failed to do their job, we have lost our life savings," Susan McElvane says in one of the ads.

The second spot features Ronnie Dean, who says he has leukemia and lost his savings in the FRM collapse. "I don't want another person asleep at the wheel for six weeks in the Senate," he says. Her Democratic opponent, Rep. Paul Hodes, targeted the former attorney general earlier on the same issue. After she was forced to testified before a legislative committee about her office's response to the FRM scandal, Hodes released an ad that said Ayotte "ducked responsibility and claimed she didn't know" about the "biggest Ponzi scheme in New Hampshire history."

Ayotte will release her own ad Wednesday, but it doesn't answer Binnie's charges. Instead, Ayotte's spot talks up her conservative philosophy. "And, of course, our kids help make me really conservative," she says in the 30-second ad. "All that wasteful spending is stealing money from our children."

Binnie's ads are out at a time when New Hampshire Republicans are calling for restraint in the final weeks before the Sept. 14 primary. 

"Our mutual objective is to win all of our elections in November," John Sununu, New Hampshire GOP chairman, wrote in a letter published by the Union Leader. "The key to those victories is to run a smart, positive primary campaign. I strongly encourage you all to resist the urgings of your supporters and consultants to go negative in the last few weeks."

--Updated at 5:47 p.m.

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