Oh Well: Loathsome Democrat Alan Grayson Lost $18 Million in Fraud Scheme

Posted by on Dec 09, 2013 at 5:41 pm

Considering this very wealthy man supported the Occupy Wall Streets maggots, consider this a bit of social justice.

Rep. Alan Grayson (D-Fla.) lost $18 million in an investment fraud scheme, according to court papers cited Monday by the Associated Press.

About 120 investors also lost a total of more than $35 million, the report says.

William Dean Chapman of Virginia ran the scheme and was sentenced Friday to 12 years in prison.

Court documents only showed Grayson’s initials A.G., but there were a few instances in which his name was spelled out. The congressman confirmed to the AP on Monday that he was the person mentioned.

In 2009, Grayson also fell victim to a fraud scheme in which a company called Derivium Capital committed a similar crime to Chapman’s. The congressman won $34 million after filing a lawsuit based on federal racketeering laws, the AP report notes.

He seems to be an easy mark.


6 Responses to “Oh Well: Loathsome Democrat Alan Grayson Lost $18 Million in Fraud Scheme”

  1. Ex democrat on 9/09/13 at 5:50 pm

    This is just democrat redistribution of wealth. Give me your money, now go F yourself. Let’s see how widely reported this is. Btw, what’s up with John Corzine?

  2. Blacque Jacques Shellacque on 10/10/13 at 2:36 am

    He seems to be an easy mark.

    Stupid would be an accurate and brief description.

  3. BG on 10/10/13 at 11:08 am

    The lure of easy money has always made the greedy man and easy mark. He’s just looking for his Hillary Clinton land deal.