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McCain Urged to Establish Fund for Ponzi Victims Whose Money Ended up Financing His Campaign
J.D. Hayworth 2010 Via Electronic Mail | 2010-06-11

Posted on 06/11/2010 7:23:19 PM PDT by rabscuttle385

Phoenix, AZ (June 11) -- Sen. John McCain should immediately establish a fund for the victims of his largest contributor, Scott Rothstein, who this week was sentenced to 50 years in prison for running an elaborate $1.2 billion Ponzi scheme.

The McCain-Rothstein Victim's Fund would reimburse people who were swindled out of their money. A total of $1.1 million of the stolen money ended up in McCain's campaign.

"While McCain claims he gave a $9,200 of the money to charities, he used the rest and he needs to give it back to the rightful owners," said Mark Sanders, spokesman for U.S. Senate Candidate J.D. Hayworth (R-AZ).

"McCain has a huge war chest and he needs to pull a million out and give it back to the people who lost it through the criminal activity of his friend Rothstein."

Attorneys handling the bankruptcy case of Rothstein's law firm have sent letters to politicians demanding they return the tainted donations. They are working on behalf of Rothstein's victims."

These contributions were specifically directed by Scott Rothstein and the funds used to pay the contributions were illegally obtained from (the firm)," the letter says in part.

Meanwhile, according to a senior employee within Rothstein's firm, McCain's campaign kept a separate tracking system just for Rothstein's contributions.

Cheryl Seinfeld, Rothstein's director of governmental relations testified during a deposition that the convicted felon was such a pivotal contributor to McCain that his campaign kept a separate contribution tracking system for Rothstein.

"He was the number one contributor to McCain Victory 2008 and the McCain-Palin 2008 committees and had his own tracking system for contributions," Sanders said.

"Seinfeld said she organized fundraisers for McCain and others and most were held at Rothstein' waterfront home in Fort Lauderdale. McCain had to know what his biggest contributor was doing and he should have asked where all that money was coming from.

"But now the Senator has the opportunity to do the right thing and establish the McCain-Rothstein Victim's Fund," Sanders said. "McCain or any public servant should not run his campaign with stolen money."


TOPICS: Crime/Corruption; Miscellaneous; Politics/Elections; US: Arizona
KEYWORDS: az2010; chainemail; chat; corruptrinos; jd; jdhayworth; keatingfive; mccain; mccaintruthfile; ponzi; rinomccain; rothstein; scottrothstein

1 posted on 06/11/2010 7:23:20 PM PDT by rabscuttle385
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To: rabscuttle385
"But now the Senator has the opportunity to do the right thing and establish the McCain-Rothstein Victim's Fund," Sanders said. "McCain or any public servant should not run his campaign with stolen money."

Lol, I bet Juan is blowing a fuse over that one.

2 posted on 06/11/2010 7:32:49 PM PDT by Will88
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To: rabscuttle385

I have yet to hear the same calls for Barack Obama who received somewhere north of $500,000 from Bernie Madoff...


3 posted on 06/11/2010 7:44:25 PM PDT by PugetSoundSoldier (Indignation over the Sting of Truth is the defense of the indefensible)
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To: PugetSoundSoldier

And all of the contributions Obama, Dodd and Barney Frank got from the banks that helped them, all got rescued. My confidence for the Beltway Cultural Elite is flat ZERO: Time for a REAL change...an upheaval.


4 posted on 06/11/2010 7:56:27 PM PDT by rovenstinez (,)
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To: rabscuttle385

McCain supposedly sat on $24 million of Presidential campaign funds. I guess Soros other boy was supposed to lose.

McCain is as sleazy as the Clintons.


5 posted on 06/11/2010 7:56:52 PM PDT by Frantzie (Democrats = Party of I*lam)
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To: rabscuttle385
With that Juan McLame

6 posted on 06/11/2010 8:17:01 PM PDT by SandRat (Duty, Honor, Country! What else needs said?)
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To: rabscuttle385

Rothstein, Rothstein ... where have I heard that name before? Oh yeah, Baseball! 1919 World Series. I guess some behaviors do just run in families.


7 posted on 06/11/2010 8:22:13 PM PDT by katana (For what is an Irishman ? But a .......)
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