In February 2008 Renzi was indicted on Federal charges including money laundering, wire fraud and extortion <ref>http://ap.google.com/article/ALeqM5hUffcJeMQAQIuhzLEJyOL5lOcInQD8UVEQ801</ref>. He has announced that he will not seek re-election in 2008. | In February 2008 Renzi was indicted on Federal charges including money laundering, wire fraud and extortion <ref>http://ap.google.com/article/ALeqM5hUffcJeMQAQIuhzLEJyOL5lOcInQD8UVEQ801</ref>. He has announced that he will not seek re-election in 2008. |