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In reply to the discussion: McAuliffe among investors in Rhode Island insurance scam that preyed on dying people [View all]cali
(114,904 posts)he invested in this sleazy scheme. And there is no fucking way that investors didn't know how disgusting, vile and sleazy this was.
oh and terry sleazeball piece of shit accepted big campaign donations from this creep. Gonna deny that too?
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In 2006, Caramadre also began investing in death-put bonds that relied on obtaining the identities of terminally ill people, according to prosecutors. These investments allowed the owner to redeem the bonds years or decades earlier than the maturity date when the bonds co-owner died.
The FBI, in a November 2012 press release announcing mid-trial guilty pleas by Caramadre and Radhakrishnan, said Caramadre located terminally ill people by visiting AIDS patients at a hospice, locating relatives of terminally ill people, and placing an ad in a local Catholic newspaper offering $2,000 cash to people with a terminal illness.
In 2009, Caramadre gave McAuliffes campaign an $26,599 contribution, including an in-kind event donation of $1,599, according to records kept by the Virginia Public Access Project.
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http://www.washingtonpost.com/local/virginia-politics/mcauliffe-among-investors-in-rhode-island-insurance-scam-that-preyed-on-dying-people/2013/10/10/b7d937e0-3127-11e3-89ae-16e186e117d8_story.html