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IPFS News Link • Corruption

Romney & Son Investigated for $8 Billion Ponzi Scheme

May 1, 2012 • Politicol News

Mitt Romney and his son Tagg Romney have been implicated in a $8.5 billion dollar ponzi scheme with Wall Street investors Allen Stanford and James M. Davis. The pair are not cleared including their three partners in a court document verified, ongoing legal proceeding involving selling fraudulent CD’s to potential investors. The statement of fact, includes SIBL, Stanford International Bank, SGC Stanford Capital Management and the associates R. Allen Stanford, ( Allen Stanford) and James M. Davis stole money from investors through fraud. The group bilked investors by diverting funds to their own lifestyles through bonus money, salaries and compensation packages....More

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Reported By Anonymous Watchman

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