immediately. "action news" reporter dann cuellar is live in the satellite center and dann once this got going it moved quickly. >> reporter: yes, it did jim. a fast moving turn of events since we first reported that rob mccord was under federal investigation. his lawyers say he will plead guilty to federal charges and the treasurer himself in a videotaped statement admits wrongdoing. >> i owe an apology to the people of pennsylvania. >> reporter: when i caught up with pennsylvania treasurer rob mccord last night outside his home he told me he could not talk about the federal investigation but would be doing so soon. and today in a remorseful video statement mccord said the mistake and fault is his and his alone. he says in trying to take advantage of potential political contributors he stepped over the line when he said this. >> to remind them that i could make things difficult for them. i essentially said that the potential contributors should not risk making an enemy of the state...