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U.S. Attorney's Office arrests Vassallo in Ponzi scheme

Original post made on Mar 27, 2009

The U.S. Attorney's Office announced it has charged Anthony Vassallo for his role in a massive investment fraud scheme.

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Posted by Ray
a resident of Downtown
on Mar 27, 2009 at 8:48 am

California Republicans Anthony Vassallo and Kenneth Kenitzer, loved the freedom from financial regulation the Bush Regime afforded them that they donated generously to the RNC and NRCC and to their favorite candidate, Mitt Romney... all the while conducting a ponzi scheme much like Madoff's only smaller. They only ripped off $40 million dollars. I wonder if Romney will return the money they gave him.