McAuliffe to donate funds from convicted Rhode Island businessman to charity

McAuliffe to donate funds from convicted Rhode Island businessman to charity Terry McAuliffe's name popped up today on a list of investors who bought annuities from a Rhode Island businessman who pleaded guilty in 2012 to stealing the identities of terminally ill patients.

The convicted businessman, Joseph Caramadre, was also a donor to McAuliffe's failed 2009 bid for the Democratic nomination for governor of Virginia. Caramadre donated more than $26 thousand to McAuliffe and hosted a fundraiser for the candidate.

According to our NBC affiliate in Providence WJAR, there is no evidence that McAuliffe or the other investors, who include a noted bookie with mob ties and a Catholic priest in charge of financial planning for the Roman Catholic Diocese of Providence, had any knowledge that Caramadre was taking advantage of the patients on their death beds.

Caramadre stole the identities of the patients and then used them to apply for annuities and bonds. According to WJAR, he is accused of defrauding insurance companies between $37 million and $48 million.

McAuliffe's campaign was quick to distance the candidate from the report. They claim that while he had invested in the annuities he knew nothing about Caramdre's fraudulent activity.

"Terry was one of hundreds of passive investors several years ago and had no idea about the allegations against the defendant - who, at the time, was widely respected by business leaders and elected officials," said spokesman Josh Schwerin. "The allegations are horrible and he never would have invested if he knew he was being deceived."

Schwerin said that McAuliffe and his campaign would donate the equivalent of the campaign donations from Camardre to the American Cancer Society. $27 thousand from the campaign. $47 thousand from the candidate himself. The $27 thousand was to return campaign contributions. The $47 thousand was for the investment into Caramadre's business venture.

McAuliffe's opponent Ken Cuccinelli's campaign was quick to pounce on the news as another example of the candidate closely associated with questionable financial activity. Senior Adviser Chris LaCivita predicted that McAuliffe would claim to have no knowledge of what his associate was up to.

“There is no question that this is a deeply troubling story, and what it reveals most of all is yet another glaring example of Terry McAuliffe doing business with highly dubious individuals, said LaCivita. "We’ve seen this movie before."

The Cuccinelli campaign once again reiterated their call for McAuliffe to release his full taxe returns.

"It’s becoming clearer by the day why Terry McAuliffe has steadfastly refused to release his tax returns to the public. This is not the kind of behavior or judgment worthy of Virginia’s highest office,” said LaCivita.

Republicans also pointed out that McAuliffe waited until his name was publically revealed to give back the money.

"It's very interesting that Terry McAuliffe's decided to make his donation today, in October 2013...Caramadre, plead guilty to these charges nearly a year ago, in November 2012," said RPV Chairman Pat Mullins. "Terry only decided to give the money to charity only when Mr. Caramadre's client list was released to the public for the first time. It's not that Terry was upset that he was involved with something like this — he was upset that it became public."

MORE MCAULIFFE DIRT:

<><> Terry McAuliffe is obviously polling well among the dearly departed b/c a lawsuit Democrats filed says “the [VA State Board of Elections] is rushing to complete the purging of dead voters in time to have the desired effect on the upcoming gubernatorial election.....to make sure that those who no longer live here don’t vote here."

<><> The "dearly departed" are also Hillary voters----the buzz is Terry is 2016 Hillary's place-keeper. If elected, graverobber Terry will insure she has the votes to win. (That's after he rapes the VA state treasury.)

Mmmmm....I just can't wait til the Clintons show up in VA for their old buddy McAuliffe. As we all know, the Democrat party is a thriving criminal enterprise. Billy Boy Clinton was grinning like a simpering fool at the annual meeting of the (cough) "Clinton Global Initiative Foundation". Notwithstanding the bombshell news that (1) the Clinton Foundation had employed a Muzzie terrorist....and.... (2) the Clinton Foundations were outed for shady dealings by the NYT.

A Muslim terrorist was working at the Clinton Foundation AND conducting Mideast terrorist activities at the same time, explains why the Clintons just remade themselves into the hallowed "Clinton Family Foundation."

The "Holy Family."

The Clintons' 24/7 self-promotion--a familiar do-good liberal schtick: whining about "helping" the needy, and hoping to make a buck on it.

The Clintons' shady proclivities are unveiled in the recent NYT story. Corruption, greed, entitlement, nepotism, cronyism. The Clintons didn't have a pot to *** in in Arkansas---never even had a home to call their own. Now they're multi millionaires.......the connivers have perfected the scam WRT gaming the govt system for themselves.

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Candidate McAwful's a triple threat---he was lacerated for his poor debating skills---
he worships abortion---and he's a Democrat insider lying-in-wait to profit from
his high-level govt connections.

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<><>McAuliffe made a campaign promise to exempt existing abortion clinics from having to comply with state health and safety standards. Recently, a number of clinics in the state were closed after they failed to live up to state standards.

Last year, according to Women Speak Out, more than 80 violations were discovered inside Virginia abortion facilities. But that doesn't seem to stop McAuliffe from defending them. This clearly shows his concern is for the well being of the abortion industry and not women.

Here's what he said: "I can do what I talked about, issue a guidance opinion by March to keep the remaining health centers open. I can do that myself as Governor. That's why I said I'll do that by March to keep the remaining, uh, Norfolk is closed. Fairfax is closed, or closing, so there will be 18 left. Only one of those 18 actually meet the, the requirements so they'll all close if I don't do that. "

"But I will issue what's called a guidance opinion by mid-March which will say that these regulations, I have, the General Assembly wasn't definitive with the Board of Health as to the rules, I can give a guidance opinion to the Board of Health to grandfather in those remaining clinics to keep them open. That's why this election is so important, and I will do that."

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<><> SEC investigating illegalities in company co-founded by Terry McAuliffe / By David Sherfinski

The SEC is investigating the green car company founded by Va gubernatorial candidate Terry McAuliffe over concerns that it allegedly (illegally) guaranteed returns for its investors. The SEC has subpoenaed bank records of GreenTech’s funding arm, the McLean-based financing company Gulf Coast Funds Management, LLC.

Documents attached to a July 31 letter from Sen. Charles E. Grassley also raise more questions on the extent of the interaction between officials at the two companies and Alejandro Mayorkas, the director of US Citizenship and Immigration Services (USCIS) in DHS.

DHS is investigating whether Mr. Mayorkas assisted in approving an investor visa application submitted by Gulf Coast, even after the application was denied and an appeal was rejected.

Mr. Mayorkas, Obama’s pick to be the next No. 2 at DHS, testified last week that the extent of his interaction with Mr. McAuliffe was one meeting in which he heard his complaints about investor visas being held up.

Mr. Grassley said it went further than that.“Contrary to the impression left by your answer, documents indicate that both before and after that meeting, you actually engaged in nearly a dozen contacts with Gulf Coast Funds Management between 2010 and 2013, including direct communications with Gulf Coast’s attorneys,” the Iowa Republican wrote to Mr. Mayorkas. “That one meeting with Mr. McAuliffe was clearly not the extent of your interaction on that matter.”

Officials at the two companies and did not immediately respond to requests for comment Friday. A spokesman for the McAuliffe campaign noted that Mr. McAuliffe left GreenTech in 2012 and that he has no knowledge of any investigation. News of the SEC investigation was first reported Friday by The Wash/Post.

The documents include forwarded e-mails from Mr. McAuliffe to Douglas Smith, an official in DHS’s office of the Private Sector, that were forwarded to Mr. Mayorkas and an e-mail from Mr. Mayorkas himself saying that face-to-face meetings for particular cases are not appropriate.”As the Director of this Agency, I do not adjudicate cases and am not the proper audience for a telephone call or a meeting about a particular case,” he wrote to Gulf Coast’s general counsel earlier this year. “I will forward your e-mail to the appropriate individual in the Agency.”

USCIS handles cases involved in the EB-5 program, where foreign investors put up between $500,000 and $1 million for American companies in exchange for legal status.

Govt attorneys wrote that such a meeting would violate the Administrative Procedures Act. “I think it also raises an impartiality issue if we entertain pre-decisional meetings of this sort with particular applicants and petitioners,” USCIS’s Ethics Officer wrote. “It is not a concern to have meetings with particular industries, trade groups, bar associations, etc., on systemic issues that are not case specific, so long as we are willing to meet with all.”

Gulf Coast is run by Anthony Rodham, the brother of former Secy of State Hillary Rodham Clinton, and is the finance arm of GreenTech Automotive Inc. Mr. McAuliffe founded GreenTech in 2009 and quietly stepped down as chairman in Dec — a fact only revealed in April in response to an inquiry from a Politico reporter.

http://www.washingtontimes.com/news/2013/aug/2/sec-investigating-company-co-founded-terry-mcaulif/

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<><> Wall to wall media coverage about an $18K gift to Cuccinelli, but this corrupt scumbag carpetbagger McAuful has skimmed tens of millions of dollars from corrupt deal after corrupt deal (the Clinton-era Global Crossing heist is just the start) and not a peep from the press.

KANSAS CITY STAR UPDATE: McAuliffe clearly on investors' list in RI fraud case;
disputes charges he misled investigators / BOB LEWIS / AP Political Writer / 10/9/13

RICHMOND, Va. — Documents in a federal fraud case list Virginia Democratic gubernatorial nominee Terry McAuliffe among scores of those who invested with a Rhode Island estate planner who profited from death benefits paid on policies issued on terminally ill people without their knowledge.

A 2011 fraud, conspiracy and identity theft indictment alleged Joseph Caramadre and an aide stole terminally ill people's identities and used them to falsely secure annuities or bonds that paid off when those people died.

Prosecutors produced the list Wednesday in a hearing for Caramadre and the associate, Raymour Radhakrishnan, who each pleaded guilty to wire fraud and conspiracy counts in November.

There is no allegation of wrongdoing by McAuliffe or that he or other investors knew of efforts to defraud the terminally ill. The Associated Press withdrew a story Wednesday night that said McAuliffe was accused in court documents of having lied to a federal investigator looking into the benefit scheme; those documents referred to someone by the initials "T.M.," but did not identify McAuliffe as that person.

Campaign spokesman Josh Schwerin said McAuliffe was a passive investor with no knowledge of the actions of Caramadre, "who, at the time, was widely respected by business leaders and elected officials. The allegations are horrible and he never would have invested if he knew he was being deceived."

The McAuliffe campaign donated $27,000 to the American Cancer Society and Terry McAuliffe personally gave $47,000 to the organization, Schwerin said.

McAuliffe's name appears on a long list of Caramadre's investors that prosecutors released during a restitution hearing in U.S. District Court in Providence, R.I., to support their claim that the scam cost insurance companies more than $46 million.

Prosecutors say Caramadre and Radhakrishnan took out variable annuities and so-called "death-put" bonds that would pay out when a person died. Authorities say they lied to terminally ill people to get personal information that was used to purchase bonds and annuities in their names without consent.

The list became public just 27 days before Election Day in the only competitive governor's race this fall. Recent polling shows McAuliffe has gained a slight lead over Republican Ken Cuccinelli in a contest that had been close.

Cuccinelli's campaign pounced on the list. Cuccinelli's chief political adviser, Christopher J. LaCivita, called it "yet another glaring example of Terry McAuliffe doing business with highly dubious individuals."

The identity of McAuliffe and other investors remained unknown until prosecutors presented Caramadre's list of clients and investors Wednesday.

The Providence Journal reported Wednesday that other Caramadre investors on the list included the law firm of a former Rhode Island Supreme Court justice, the former police chief of Cranston, R.I., and an officer in charge of planning and financial services for the Roman Catholic Diocese of Providence.

SOURCE http://www.kansascity.com/2013/10/09/4542824/mcauliffe-on-investors-list-in.html

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