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In reply to the discussion: McAuliffe among investors in Rhode Island insurance scam that preyed on dying people [View all]PoliticAverse
(26,366 posts)There is no allegation of wrongdoing by McAuliffe or that he or other investors knew of efforts to defraud the terminally ill. The Associated Press withdrew a story Wednesday night that said McAuliffe was accused in court documents of having lied to a federal investigator looking into the benefit scheme; those documents referred to someone by the initials "T.M.," but did not identify McAuliffe as that person.
Campaign spokesman Josh Schwerin said McAuliffe was a passive investor with no knowledge of the actions of Caramadre, "who, at the time, was widely respected by business leaders and elected officials. The allegations are horrible and he never would have invested if he knew he was being deceived."
http://abcnews.go.com/Politics/wireStory/mcauliffe-investors-list-ri-benefits-case-20527913