Obama Fundraiser Guilty in $21 Million Bank Fraud Scheme

Posted by on Dec 30, 2011 at 3:12 pm
Petraeus And Crocker Testify Before Senate On State Of Iraq War

Seems to be an awful lot of Barack Obama’s buddies who keep winding up in prison.

A Democratic fundraiser was found guilty Friday of engineering a $21 million bank fraud scheme.

Courtney Dupree was convicted of vastly overstating the billings of his Long Island City-based lighting company GDC Acquisitions in order to fraudulently obtain a loan from Amalgamated Bank.

Dupree sat stone-faced as the verdict was read in Brooklyn Federal Court. He faces up to 30 years in prison.

Remember his name when Obama starts handing out pardons.
Dupree, who attended the elite Wharton School of Business, was a rainmaker in Democratic circles.

In 2008, Dupree hosted a $1,000-a-ticket fund-raiser for Barack Obama at his Broad St. apartment that was attended by top aide Valerie Jarrett.

His company counted NBC Universal and Goldman Sachs among its clients.

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11 Responses to “Obama Fundraiser Guilty in $21 Million Bank Fraud Scheme”

  1. kbdabear on 30/30/11 at 3:40 pm

    Amalgamated is owned by SEIU and a few other unions, and a few Friend of Barry hedge funds

    If it had been any bank but Amalgamated, he wouldn’t have even been indicted. Leftists don’t like it when it’s THEIR bank getting stiffed or cheated

  2. Don on 31/31/11 at 10:43 am

    That picture is of former NFL star Dorsey Levins, who was a character witness at Dupree’s trial! Not Dupree.

  3. Chippy55 on 31/31/11 at 4:01 pm

    Clinton pardoned over 150 people including coke dealers, suppliers, go look at wiki and see what the despicable Monica’s boyfriend did, and know that Hussein Obama will do the exact same thing.

  4. ron nord on 31/31/11 at 6:43 pm

    The Obama administration started out with in 3 months in office with the “Pigford Scam” and just last month was the Solyandra Solar Ripoff, between these two multi-Million and Billion dollar thefts of the taxpayer money a $21 Million dollar rip off of funds doesn’t seem like much. ObamaThieves have done better for the DNC with their quid pro quo’s and Holder will with his prior experience of springing terrorists, criminals and pederasts will give them all a “get out of jail card” and secure a pardon for all of them. Never has this country sustained a criminal attack like the one that the Democrats have launched against the People, I just hope the country survives it long enough to send some of these people to prison for decades.

  5. DiogenesLamp on 1/01/12 at 12:31 pm

    We could save a lot of time by just locking up all the politically connected Democrats.