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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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Comment #1 Removed by Moderator

Comment #2 Removed by Moderator

To: spacejunkie2001

Good.


3 posted on 12/09/2013 3:57:35 PM PST by Qwackertoo (Going into Politic Free Zone Momma Grizzly hibernation for a while after this week, maybe forever.)
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To: spacejunkie2001

ha ha ha ha ha ha ha ha ha ha ha


4 posted on 12/09/2013 3:58:04 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: All

apparently, he has a habit of dealing with shady characters.
why am I not surprised.


5 posted on 12/09/2013 3:58:19 PM PST by willywill
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To: spacejunkie2001

What’s the name of the guy who defrauded him?

I’ll send money to his prison account.

HAhahahhahahhahaha.


6 posted on 12/09/2013 3:59:22 PM PST by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: spacejunkie2001

HAHAHAHA


7 posted on 12/09/2013 4:00:09 PM PST by Tijeras_Slim
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To: GeronL

Bulls make money. Bears make money. Pigs get slaughtered.


8 posted on 12/09/2013 4:00:11 PM PST by abb
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To: spacejunkie2001

Grayson had $18 million? He got cheated? Couldn’t happen to a nicer guy. How long before he blames Bush.


9 posted on 12/09/2013 4:01:04 PM PST by austinaero
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To: spacejunkie2001

Stupid is what stupid gets.


10 posted on 12/09/2013 4:01:46 PM PST by mort56
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To: spacejunkie2001

Yay! Can you imagine the tantrum he threw at being ripped off of $18. Million? Oh, to be a fly on that wall. Maybe his wife made a Rob Ford type videotape in case anything ugly happens behind closed doors.


11 posted on 12/09/2013 4:04:35 PM PST by lee martell
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To: abb
Yup,the hype in the 2000 tech boom, "Pigs get fat - Hogs get slaughtered"
12 posted on 12/09/2013 4:05:19 PM PST by SIRTRIS
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To: TheThirdRuffian
"What’s the name of the guy who defrauded him? I’ll send money to his prison account."

Seriously. I'll send him $20

13 posted on 12/09/2013 4:05:38 PM PST by Lockbar ("WWVTID?": What Would Vlad The Impaler Do?)
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To: spacejunkie2001

As long as no public money was involved, it’s fine.


14 posted on 12/09/2013 4:05:44 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: GeronL

Could not happen to a more deserving a-hole.


15 posted on 12/09/2013 4:05:50 PM PST by chiefqc
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To: Lockbar

“What’s the name of the guy who defrauded him? I’ll send money to his prison account.”

Seriously. I’ll send him $20

William Dean Chapman. We need to figure our his ID number.


16 posted on 12/09/2013 4:08:43 PM PST by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: spacejunkie2001

and the RATS, take another one in the.........HA ha!!!

17 posted on 12/09/2013 4:09:47 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: spacejunkie2001

“If they had not sold the collateral, it all would have worked,” said Grayson”

It appears he’s still available for scamming. Who gets him next?


18 posted on 12/09/2013 4:10:49 PM PST by ToastedHead
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To: spacejunkie2001

It couldn’t have happened to a bigger creep.


19 posted on 12/09/2013 4:10:59 PM PST by Blood of Tyrants (From time to time the.tree of liberty must be watered with the blood of tyrants and patriots.)
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To: spacejunkie2001

Trying...not...to...laugh
BWAHAHAHAHAHAHAHAHAHA


20 posted on 12/09/2013 4:12:41 PM PST by Army Air Corps (Four Fried Chickens and a Coke)
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