TV News LIES

Friday, Sep 22nd

Last update05:20:13 AM GMT

You are here News Politics Romney Family Investment Group Partnered With Alleged Perpetrators Of $8 Billion Ponzi Scheme

Romney Family Investment Group Partnered With Alleged Perpetrators Of $8 Billion Ponzi Scheme

E-mail Print PDF

Romney Ponzi schemeMitt 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.

In an exclusive interview with ThinkProgress, Tagg Romney confirmed their business relationship, but falsely claimed that the men were cleared of any wrongdoing associated with the Ponzi scheme. Tagg Romney told ThinkProgress that his three partners collected about $15,000 from their involvement in the Ponzi scheme.

Court documents obtained by ThinkProgress show that the legal proceedings are ongoing and the men made over $1.6 million selling fraudulent CDs to investors.

More...


Most Recent Related Stories...


Trump Is Sinking Fast As Robert Mueller Is Now Going After Air Force One Phone Records

Mueller going after Air Force One Records Special counsel Robert Mueller has sought phone records concerning the statement written aboard Air Force One...

Trump hires campaign workers instead of farm experts at USDA

Trump hires campaign workers, not experts President Donald Trump’s appointees to jobs at Agriculture Department headquarters include a long-haul truck driver, a...

Another potential Mueller honey pot: Spicer's notebooks

Sean SpicerThe Watergate resonance of the Bob Mueller probe rose this week with a CNN report that...

Report: Manafort offered 'private briefings' to Russian billionaire during election

manafort offered private briefings to Russians President Trump's former campaign manager Paul Manafort offered to provide "private briefings" on the 2016 race...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!