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Fla. congressman Grayson loses $18M in stock scheme
The Guardian ^ | 12/9/13 | Matthew Barakat , Associated Press

Posted on 12/09/2013 3:55:48 PM PST by spacejunkie2001

U.S. Rep. Alan Grayson, D-Fla., lost $18 million in a scheme that cheated him and about 120 other investors out of more than $35 million, according to court papers.

The Virginia man who ran the scheme, William Dean Chapman, was sentenced Friday in federal court to 12 years in prison. Prosecutors say Chapman used the money to fund a lavish lifestyle including a Lamborghini, a Ferrari and a $3 million home.

(Excerpt) Read more at theguardian.com ...


TOPICS: Crime/Corruption; Politics/Elections; US: Florida
KEYWORDS: alangrayson; broke; florida
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To: Qwackertoo

61 posted on 12/09/2013 5:29:56 PM PST by dfwgator
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To: Qwackertoo

62 posted on 12/09/2013 5:31:38 PM PST by dfwgator
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To: Qwackertoo

“Chapman used the money to fund a lavish lifestyle including a Lamborghini, a Ferrari and a $3 million home.”

Kind of like Dhimms (Grayson et al.) using taxpayer money for their lavish life styles and for buying votes.


63 posted on 12/09/2013 5:32:15 PM PST by SharpRightTurn (White, black, and red all over--America's affirmative action, metrosexual president.)
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To: GeronL

Not that I’m in favor of criminal behavior, but since he got more than half the money from the criminal congressman, I feel that it cancels out. :’)


64 posted on 12/09/2013 5:56:52 PM PST by SunkenCiv (http://www.freerepublic.com/~mestamachine/)
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To: Bill Russell
Unfortunately, Grayson is worth over $50 million...

Not anymore.
65 posted on 12/09/2013 6:22:52 PM PST by 98ZJ USMC
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So Grayson is yet another New York City export politician. Also a grad of Harvard Law School, a contract law specialist and a self proclaimed economics expert.

Gee, no way this legend in his own mind could ever be taken in by a scammer. Har har har har!


66 posted on 12/09/2013 6:29:59 PM PST by Rockpile
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To: Qwackertoo

Trying to be a Christian about this........not working - sorry God.


67 posted on 12/09/2013 7:11:39 PM PST by Some Fat Guy in L.A. (Still bitterly clinging to rational thought despite it's unfashionability)
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To: realcleanguy

I know Fred Moses. Just did a bit of work at his house, as a matter of fact. Been awhile since we had a chance to talk. I didn’t know he’d won an election.


68 posted on 12/09/2013 7:37:40 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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Grayson is certainly STUPID enough to be a dumb ass, a sucker, AND a sap!


69 posted on 12/09/2013 8:27:08 PM PST by Slump Tester (What if I'm pregnant Teddy? Errr-ahh -Calm down Mary Jo, we'll cross that bridge when we come to it)
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