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The McCain-Follieri Love Boat

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alfredo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-06-08 01:12 PM
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The McCain-Follieri Love Boat
Edited on Mon Oct-06-08 01:14 PM by alfredo
this should be an issue. John McCain wants to tie Obama to sleazy people, he best clean up his own backyard first.

http://www.thenation.com/doc/20080929/berman_ames

Follieri, who posed as Vatican chief financial officer in order to win friends and investments, pleaded guilty Wednesday in a Manhattan district court to conspiracy to commit wire fraud, eight counts of wire fraud and five counts of money laundering. As part of the plea, Follieri admitted to misappropriating at least $2.4 million of investor money and redirecting it to foreign personal bank accounts that were disguised as business accounts.

At the time he met McCain, Follieri was adept at collecting friends in powerful places and using those connections to attract investments in projects which later turned out to be bogus. His ties to Bill Clinton and his entourage have been well-documented; the charismatic Follieri, whom Vanity Fair has likened to an ambitious nineteenth-century protagonist from a Balzac novel, ingratiated himself to President Clinton and aides by posing as a mega-donor to the Clinton Global Initiative. He also formed an investment partnership with California business mogul and Clinton donor Ron Burkle to develop surplus real estate properties owned by the Catholic Church, which Follieri claimed to represent. Burkle later sued Follieri for $1.3 million in misappropriated funds.

Yet Follieri's ties to McCain's orbit have been largely overlooked by the media. Follieri first met McCain when the Arizona Senator visited Montenegro from August 29-31 as part of a Congressional delegation that included Republican senators Lindsay Graham, Richard Burr, Saxby Chambliss, Mel Martinez and John Sununu.



It's about judgement.

BTW, Bill Clinton is not running for president.

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