Posted on 05/24/2007 8:04:50 AM PDT by doug from upland
Clinton Backer's Firm Alleged to Aid Scammers BY JOSH GERSTEIN - Staff Reporter of the Sun May 22, 2007 URL: http://www.nysun.com/article/54982
A Nebraska entrepreneur facing allegations that his firm does business with scam artists targeting the elderly, Vinod Gupta, has directed more than $3 million in the past decade to political campaigns and projects connected with President Clinton and Senator Clinton.
Mr. Gupta's company, infoUSA, Inc., repeatedly rented marketing databases to unscrupulous individuals who used the lists to engage in fraud, according to the New York Times. A front-page article in the Sunday paper said the company promoted a list called "Suffering Seniors," which featured ailing older people, and other lists of "Elderly Opportunity Seekers" and those deemed to be "gullible."
(Excerpt) Read more at nysun.com ...
Ping
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There’s a guy by that last name currently marketing sales leads, through a radio add on WLS Radio, Chicago. I wonder if it’s the same crook?
Dolphin Condemns Today’s Allegatons by Mr. Vinod Gupta, infoUSA’s Chairman and CEO, as ‘Categorically False’
5/17/2007
Shareholders Must: Reject The 2007 Omnibus Incentive Plan — Withhold Votes from Management’s Nominees — Support the Shareholder Bill of Rights
STAMFORD, Conn., May 17, 2007 /PRNewswire-FirstCall via COMTEX News Network/ —
Dolphin Limited Partnership I, L.P. and Dolphin Financial Partners, LLC, which have continued to own 2.0 million shares, or 3.6% of infoUSA Inc. (Nasdaq: IUSA), condemned allegations made today by Mr. Vinod Gupta, infoUSA’s Chairman and CEO, as “categorically false.”
A spokesperson for Dolphin said, “Unfortunately, Mr. Vinod Gupta continues his pattern and practice of reckless and groundless charges against shareholders when faced with a mountain of verifiable facts about Mr. Vinod Gupta and the Board’s activities that have not served the interests of all shareholders.
“Any shareholder who has listened to an infoUSA earnings call, has read infoUSA’s proxy statements since 1998 or any of the Company’s documents contained on Dolphin’s website, www.iusaccountability.com, or the reports issued by the three leading independent proxy voting advisory services in connection with last year’s election knows the truth.
“Unlike Mr. Vinod Gupta, Dolphin always provides you with objective, verifiable facts.
“These facts include:
* Last year over 90% of unaffiliated shareholders voted against
management.
* infoUSA’s share price is down 12.3%, year-over-year, and has done
nothing for ten years. (1)
* The Board has done nothing to eliminate the exclusive exemption for Mr.
Vinod Gupta from the Company’s Stockholder Rights Plan. Both the plan
and Mr. Gupta’s standstill letter expire on July 21, 2007-after that Mr.
Gupta will be free to continue his creeping takeover of the Company.
* The Board has failed to recover from Mr. Vinod Gupta and his affiliates
significant shareholder funds spent on personal benefits-use of an 80
foot yacht, jet planes, personal residences, luxury cars and use of
other now Company owned assets-even after a 2005 report by Dr. Vasant
Raval, chair of the Company’s own audit committee identified charges
that “will be borne by the CEO.
“We are confident that shareholders know the truth and will continue to see through Mr. Vinod Gupta’s deceptions. The Annual Meeting is June 7th. We believe shareholders, to protect their interests, must withhold their votes from the election of infoUSA’s nominees and vote against the proposed 2007 Omnibus Incentive Plan which will only help to advance Mr. Vinod Gupta’s creeping control.”
(1) As of April 27, 2007, the trade date immediately preceding the
commencement of Dolphin’s withhold campaign for the 2007 annual
meeting of shareholders, infoUSA’s one-year shareholder return
(inclusive of dividends) was negative 12.3%. The 10-year compounded
annual return was an anemic 0.7%. See Dolphin’s letter to
shareholders, dated April 30, 2007.
SOURCE Dolphin Limited Partnership I, L.P.
Arthur B. Crozier, Innisfree M&A Incorporated, +1-212-750-5833 http://www.iusaccountability.com
Copyright (C) 2007 PR Newswire. All rights reserved
Gee, I wonder if Vin Gupta is related to Quack Sanjay Gupta.
Pollster says “She’ll be our next president” -— good article and photos. http://www.freerepublic.com/focus/f-news/1831598/posts
I have bought lists. They ask no questions, anymore than Walmart questions why you are buying merchandise. This man has been a big player is lists for many years.
Every year for the past 7+ The Hildabeasts "husband" the former Pervert in Chief is flown out to Aspen to speak at the annual Info USA meeting. While there he usually plays a round of golf. One year a fellow I know well was in his foursome and let's just say he no longer refers to take over shots as Mulligans, he know calls them Clintons.
Even at the gentlemen's sport of golf the Arkansas Grifter can't play by the rules.
“...The Dems are known for a lot of dirty tricks at election time. We need to watch them carefully and stop this kind of criminal nonsense.”
The dead are rising as I type. The voting base for the Dems (felons, druggies, porn/Hollywood stars, and the dead).
Perhaps CNN needs to be YouTube’d with this
FR EXCLUSIVE - CNN hires Clinton-controlled Opinion Research Corp. for 2008 Presidential Polling
Interesting article. Thanks for the ping.
I meant to ping you on another thread -
http://www.freerepublic.com/focus/f-news/1838213/posts
Ping.
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