According to Before It’s News website, Mitt Romney and his son Tagg are tied with Stanford Financial Group $8.5 billion Ponzi scheme that went bust on 2009.
Lee Fang of Think Progress wrote:
“The Ponzi scheme bust was one of the largest in recent history, second only to Bernie Madoff, who perpetrated a fraud estimated to be around $17 billion. The Stanford Ponzi scheme wiped out the savings of thousands, including many American retirees across the country. In Texas, 1290 people lost their retirement savings because of the Stanford Ponzi scheme; in Louisiana, several hundred reportedly suffered the same fate.”
Before It’s News accused GOP that they knew Mitt Romney was seriously involved with aforementioned Ponzi scheme.
Meanwhile, tonight at 9 EDT, Doug Wead, Ron Paul senior advisor, invites Ron Paul supporters to a Facebook event for an important announcement about the Ron Paul campaign.