October 1, 2007
Another Ponzi Scheme Crook Donating to Clinton Campaign
Perhaps if the media were to get serious and really start looking into Hillary's financial supporters, more of these Ponzi Scheme operators would be exposed.
In this case, the story is even more bizarre than Mr. Hsu's. A Ponzi Scheme operator, kicked out of Arkansas during Bill Clinton's governorship. has emerged in New York as head of what one former devotee calls "a cult:"
A purported pyramid-scheme operator who was run out of Arkansas when Bill Clinton was governor has reinvented himself as the head of an upstate group accused of being a "cult" - and his devotees have pumped thousands into Hillary Rodham Clinton's presidential run. Executives and top associates of the Albany-based NXIVM group - along with their family members - donated $29,900 to Clinton's presidential campaign, according to federal records. On March 14 and April 13, records show, more than a dozen contributions poured into Clinton's coffers from NXIVM, an executive and group-awareness training organization led by Brooklyn-born Keith Raniere, 47.Raniere ran a $30 million "multilevel marketing business" that was halted after federal agencies in 23 states alleged it was an illegal pyramid scheme.
His group - NXIVM - has attracted several high profile heiresses - Clare and Sara Bronfman of the Seagram family - who have donated millions to the "group awareness" organization. The elder Bronfman who also joiined the group for a while, dropped out calling it "a cult."
Hillary certainly attracts donations from some interesting people, doesn't she?
Hat Tip: Ed Morrissey
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