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Biden Commuted Sentences for Scammers Who Defrauded $5 billion From Over 1 Million Victims
December 17, 2024 | By 2nd Smartest Guy In the World
How absolutely fitting that the demented diaper soiling ice cream licking pedo criminal puppet "president" who in his lifetime accomplished less than zero in the private sector and only ever grifted off the taxpayer dime while extracting bribes as "the big guy" would end up on his way out of office pardoning some of the worst white collar Ponzi schemers in American history.
Biden Commuted Sentences for Scammers Who Defrauded $5 billion From Over 1 Million Victims
December 17, 2024 | By 2nd Smartest Guy In the World
How absolutely fitting that the demented diaper soiling ice cream licking pedo criminal puppet "president" who in his lifetime accomplished less than zero in the private sector and only ever grifted off the taxpayer dime while extracting bribes as "the big guy" would end up on his way out of office pardoning some of the worst white collar Ponzi schemers in American history.
Biden commuted sentences for scammers who defrauded $5 billion from over 1 million victims.Please go to substack to continue reading and to view mug shots of these criminals.
It's the single mass jailbreak of scammer in history Here are some of the names and stories.
Zeek CEO Paul Burks' $900 million Ponzi scam claimed over 1 million working-class victims.
A decade later, victims of the scam in a town in North Carolina are still suffering. People took out mortgages on their homes and cashed out their life savings.
Biden had no sympathy for them. Only for the CEO.
Biden also commuted the sentence of James Fry, a hedge fund manager convicted in the Petters Group $1.9 billion Ponzi scheme described as "one of the largest and most complex Ponzi schemes in U.S. history."
Biden commuted the sentence of Timothy McGinn accused of defrauding 900 investors of $136 million, who had been sentenced to 15 years in prison. Victims included a father of two wounded veterans who had been putting aside the money for their expenses.
Former CEO Eric Bloom, accused of committing the "biggest fraud in Chicago court history" in what was described as a $665 million fraud scheme also got a pass from Biden.
Gregory McKnight, who ran a $72 million Ponzi scheme that targeted at least 3,000 investors in every state in the country, got bailed out by Biden.
Biden also sprang Nevin Shapiro, sentenced to 20 years in prison for a $930 million Ponzi scheme.
Biden also intervened on behalf of former CEO Gregory J. Podlucky, who ran a bottled water company and had been accused of a $685 million pyramid fraud loan scheme in which the money was spent on jewels and toy trains.
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Here is some of Blinken's handy work:
Call it what you want this is pillaging:
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