Re-posted from
GOP Threw 2012 Election to Obama in 2009, Multi-billion
dollar ponzi scheme involving Romney and Son
As reported here and here several weeks ago, we reported that Romney
would certainly be disqualified or discredited as a Presidential candidate for
the 2012 election due to fraud and other crimes against the American Taxpayer
and the US Government.
In February of 2009, the Washington Post revealed
that the SEC was alleging $8 Billion in savings fraud by Allen Stanford AND HIS
COLLEAGUES, read Mitt Romney and Son, of
lying about investments and CDs in a Ponzi scheme concerning staggering amounts
of investor’s money, partnerships in which they invested upon collapse of the
fraud.
“”We are alleging a fraud of
shocking magnitude that has spread its tentacles throughout the world,” Rose
Romero, director of the SEC’s Fort Worth office, said in a statement.”
Despite the actions of the SEC in
this case,“A few months after the Ponzi
scheme collapsed, a firm financed by Mitt Romney and run by his son and chief
fundraiser partnered with the three men and created a new “wealth management
business” as a subsidiary.”
So what do we know?
We know that Stanford has a PAC which has
contributed large amounts of money to lawmakers annually.
We know that over $400,000 of that money was
tied directly into the Madoff Ponzi scandal.
We know that one is only sentenced if FOUND
GUILTY:
“Sentencing has been set for June
14, 2012 at 10:00 a.m. in Courtroom 8A before Judge Hittner. Stanford faces a maximum
prison sentence of 20 years for the count of conspiracy to commit wire and mail
fraud, each count of wire and mail fraud, and the count of conspiracy to commit
money laundering, and five years for the count of conspiracy to obstruct an SEC
investigation and the count of obstruction of an SEC investigation.”
Victims of this Ponzi scheme have
been asked to fill out ‘Victim Impact
Statement/Financial Crime’ and have not, as yet, received compensation or
restoration of fraudulently stolen funds.
We know that Romney lied about the specifics of the Stanford Fraud and still
created a joint ‘wealth management system’ with criminals
“Mitt Romney, his son Tagg, and
Romney’s chief fundraiser, Spencer Zwick, have extensive financial and
political ties to three men who allegedly participated in an $8.5 billion Ponzi
scheme. A few months after the Ponzi scheme collapsed, a firm financed by Mitt
Romney and run by his son and chief fundraiser partnered with the three men and
created a new “wealth management business” as a subsidiary.”
What are you waiting for, get that fraud out of
ReplyDeletethe race and arrest him!!