Posted on 04/29/2016 12:42:13 PM PDT by MaxistheBest
By 1990, the oil-services company Rafael Cruz had founded with his wife had collapsed. Their properties had been foreclosed on; they declared bankruptcy. “We assumed the downturn was temporary and struggled through the lean times, hoping for a change that never came,” he wrote in a memoir, “A Time for Action,” released in January of this year. “We lost everything, including our home.”
Mr. Cruz’s inspirational tale of fleeing Cuba and making it in America through faith and hard work has stirred crowds across the country as he campaigns on behalf of his son, Senator Ted Cruz of Texas.
But missing from the elder Cruz’s speeches and his otherwise detailed memoir is how he made ends meet after his financial undoing by working with Mannatech, a religiously inspired dietary supplement company whose history of questionable health claims has already popped up in the Republican presidential race.
Mr. Cruz became a top salesman for Mannatech, according to interviews and court records. For several years he also was a consultant to Mannatech’s founder, a role that landed him in a federal lawsuit brought by investors over the company’s sales practices. Allegations against Mr. Cruz were ultimately dropped from the suit.
According to the lawsuit, Mr. Cruz was the company’s “Mexican director” and was “trying to get individuals in Mexico or who traveled to Mexico to agree to accept large shipments of Mannatech products, which the recipients were then supposed to resell to customers in Mexico.”
At the time, Mannatech did not have permission to sell in Mexico.
“This was ‘a way around’ the rules against Mannatech selling directly in Mexico,” the lawsuit said.
(Excerpt) Read more at nytimes.com ...
Snake oil sales is a family tradition for them.
I’m no Cruz fan, but I am fortunate over the course of my life not to have been judged by the sins of my father.
Hillary Clintons brother in law spent time in jail.
Mannatech is MLM snake oil. Their schtick of glyco-nutrients, which is code for sugar water is absolute hokum.
Their trademarked Ambrotose is relativelely harmless but it’s still snake oil by another name.
They did the classic pump and dump in 1998/99 where they pumped the stock to their MLM “associates” which drove the price up, while Castor and is pals cashed out of their positions on the IPO.
I have some level of experience with Ambrotose, as former girlfriend was a “nutritionist” who hawked that crap as an elixir to almost anything that ailed you. She was a true believer in it...and the Y2K bedlam that never appeared.
So, the Donald’s father was sued several times, including refusing to rent to black people.
While under consideration, the guy was again indicted for the same/nearly the same damn thing.
He died before his second trial, iirc. He was in his seventies.
Forgot to add the Quantum Xeroid machine too.
Is Donald’s father campaigning for him?
No.
Nice try.
Made your antiTrump quota today? What is pay per post?
He should have just run a scam university, then all would be forgiven.
Ted learned the con game from a master con-man.
Where did the money come from? How did his flighty, bankrupt parents afford Ivy League schools for him?
Has anyone seen this asked anywhere? This may be one of the reasons his records are sealed and yet another of many similarities between him and another non-citizen Manchurian Candidate, Obama. Both got full rides as some sort of foreign student? Or minority? And even full rides couldn't pay for all the expenses one would incur in years at Ivy League schools.
Who paid off the 100 grand?
His father has a very sketchy past.
Is that the kind of stuff Alex Jones and George Noory hawk on their radio shows? They have something for every malady, something that will cure every disease you might have. It’s very disappointing to see them hang their hat on snake oil.
Folks lambasted Carson for that very thing. But he’s the bee’s knees now.
We’ve heard several stories about Cruz’s father, and his remote connection with the JFK assassination or his involvement with a man who once declared bankruptcy are still irrelevant. Cruz, Trump, Hillary, and Bernie all have relatives or associates who have been at least as closely connected with something similar.
Note: Several years ago, I worked for a prominent politician who I only recently found out was a child molester. That is far worse than if he had merely declared bankruptcy, but I assume that would not be held against me by anyone sane. Truthful and relevant criticisms of Cruz (or of Hillary, Bernie, or even Trump) are welcome, but this nonsense has no point.
I should research Trump’s genealogy and find out how many generations back he’s connected to some scum of the earth today. Would anyone actually care if (as is likely) Trump was Obama’s or Hillary’s 12th cousin, twice removed? But I won’t bother because it would be as meaningless as this nonsense.
CEntral intelligence. Same as BO, BC, Bushes.
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