Why has this crook not already resigned, or been fired? Oh that’s right, he works for America’s premier grifter, Donald Trump.
Dan Alexander at Forbes reports on Secretary of Commerce Wilbur Ross robbing his clients blind to build his fortune. New Details About Wilbur Ross’ Business Point To Pattern Of Grifting:
A multimillion-dollar lawsuit has been quietly making its way through the New York State court system over the last three years, pitting a private equity manager named David Storper against his former boss: Secretary of Commerce Wilbur Ross. The pair worked side by side for more than a decade, eventually at the firm, WL Ross & Co.—where, Storper later alleged, Ross stole his interests in a private equity fund, transferred them to himself, then tried to cover it up with bogus paperwork. Two weeks ago, just before the start of a trial with $4 million on the line, Ross and Storper agreed to a confidential settlement, whose existence has never been reported and whose terms remain secret.
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There are bigger allegations. Over several months, in speaking with 21 people who know Ross, Forbes uncovered a pattern: Many of those who worked directly with him claim that Ross wrongly siphoned or outright stole a few million here and a few million there, huge amounts for most but not necessarily for the commerce secretary. At least if you consider them individually. But all told, these allegations—which sparked lawsuits, reimbursements and an SEC fine—come to more than $120 million. If even half of the accusations are legitimate, the current United States secretary of commerce could rank among the biggest grifters in American history.
Posted in AZBlueMeanie, Campaigns, Congress, Corruption, Courts, Crime, Elections, Ethics, IOKIYAR, Justice, Law Enforcement, Party Politics, President, Scandals
Tagged culture of corruption, Fraud, grifting, insider trading
The usual suspects from the “Kochtopus,” who have fostered Arizona’s culture of corruption for years, have filed a challenge to the Outlaw Dirty Money initiative to keep it from the ballot, and deny Arizona citizens their right to vote on regulating their corrosive dark money spending in our elections.
The Arizona Capitol Times reports, Suit filed to stop dark money ballot:
Officials of two organizations known for anonymous [dark money] spending on political campaigns filed suit late Thursday to keep Arizonans from voting on a measure that would make the practice illegal.
The lawsuit charges that some of the paid circulators for the “Outlaw Dirty Money” campaign did not register ahead of time with the Secretary of State’s office as required by law. GOP Attorney Kory Langhofer also said that out-of-state residents who were carrying petitions also failed to register.
Langhofer claimed several other violations of initiative requirements, including that some circulators were convicted felons who had not had their civil rights restored. That, he said, makes them ineligible to gather signatures.
Among the plaintiffs are Scot Mussi, executive director of the Free Enterprise Club, and Andrew Clark, state director of Americans for Prosperity. Both organizations have made repeated expenditures in Arizona elections both to support candidates of their choice and to oppose others.
More to the point, both say their groups do not have to disclose their donors. That is based on their status under the federal tax code as “social welfare organizations” which are permitted to spend up to half their revenues on elections without being considered campaign committees.
Posted in Activism, AZBlueMeanie, Ballot Referendas and Initiatives, Campaigns, Constitution, Corruption, Courts, Election Integrity, Elections, Ethics, GOP War On..., Party Politics, Propositions, Scandals
Tagged culture of corruption, dark money, Outlaw Dirty Money, voting rights