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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: longnshort who wrote (160963)10/18/2013 5:55:00 PM
From: John1 Recommendation

Recommended By
locogringo

  Respond to of 224749
 
There has been a lot of smoke surrounding McAuliffe lately.

Message 29161355

The government crooks truly have no boundaries to their insane levels of chronic corruption. As much as they steal from and defraud tax payers, "legally" engage in insider trading, and live like royalty with plush lives of kickbacks and post-government "consulting positions", it still isn't nearly enough for the b*stards! They have to resort to stealing identities and cashing in on death puts related to dying annuitants!

Meet Terence McAuliffe, the former chairman of the national Democratic Party and current Virginia gubernatorial candidate...

I-Team: Caramadre client list

turnto10.com

excerpt:

Terence McAuliffe, the former chairman of the national Democratic Party and current Virginia gubernatorial candidate, was one of hundreds of people who invested in variable annuities that used terminally ill patients as the annuitants.

McAuliffe and others became owners of the investment instruments through Cranston estate planner Joseph Caramadre. Caramadre pleaded guilty to stealing the identities of terminally ill patients and using that information to falsely apply for annuities and bonds with death puts.

Prosecutors said Caramadre cost insurance companies between $37 million and $48 million from the scheme.

Caramadre, with the help of a partner, would use personal information from terminally ill patients on investment applications that contained death benefits. The actual owners of the annuity would be Caramadre or hundreds of investors. In exchange for the personal information, Caramadre often times would help the families of the terminally ill to pay for funeral expenses.