Need to Expose him for his involvement in the 2nd largest ponzi scheme in history $8.5 Billion perpetrated by Stanford Financial Group.
Romney made a $10 million initial seed investment in a company called Solamere Capital, a subsidiary of Stanford Financial Group which is now run by Tagg Romney (his son) and Stanford’s former executives Tim Bambauer, Deems May, and Brandon Phillips.
Tagg claimed his 3 partners had just started working for Stanford Financial and were screwed by the whole ordeal since they had begun moving their customer base over, however a court-appointed audit of the Stanford Financial Group found that several of the former Stanford brokers made far more than what Tagg claimed:
– Solamere Advisors managing partner Tim Bambauer made $1,143,392 in incentive pay selling fraudulent CDs to investors.
– Solamere Advisors partner Deems May made $465,000 in incentive pay selling fraudulent CDs to investors.
– Solamere Advisors operations manager made Brandon Phillips $70,000 in incentive pay selling fraudulent CDs to investors.
Note that Spencer Zwick is Romney Campaigns chief fundraiser.
Another interesting fact I found was former Missouri Governer Matt Blunt went to work for Solamere as an advisor after he left office in 09'. How deep does this rabbit hole go? Help dig up more information about this network of criminals and expose Romney for the scum he is.