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Lexington, S.C. town councilman Danny Frazier – a key figure in the “Lexington Ring” gambling scandal – has resigned his office, The (Columbia, S.C.) State newspaper is reporting.

In early 2012 Frazier was surreptitiously recorded detailing the inner workings of an illegal video poker operation to a prospective client. These recordings were provided to the S.C. State Law Enforcement Division (SLED) in the spring of 2012 by a former member of the ring – a ex-magistrate who claims he once issued favorable rulings from the bench on behalf of the underground video poker industry.

S.C. Gov. Nikki Haley’s administration sat on the tapes for several months, until a story referencing them was published in The (Columbia, S.C.) Free Times.  Unfortunately, under pressure from law enforcement, The Free Times destroyed the evidence it had obtained and ceased writing about the “Ring.”

Frazier originally denied making the statements contained in the recordings, but later changed his tune and said he fabricated them in an effort to make himself appear influential.

Despite the scandal – and the buzz of imminent indictments – Frazier held onto his seat.  In fact he says he’s only stepping down because he is moving into a lakefront home outside of town.

Must be nice, huh?