McAuliffe among investors in Rhode Island insurance scam that preyed on dying people

[MADem]

73. You might want to check the lastest iteration of the "facts" of the story....

McAuliffe’s name appeared on a lengthy list of investors with Joseph A. Caramadre, an attorney and accountant who obtained the identities of dying people to set up annuities that ultimately cost insurance companies millions of dollars, the documents say.


The list also included the law firm of a former Rhode Island Supreme Court justice, a Roman Catholic monsignor, a former Cranston, R.I. police chief, and a bookmaker, according to The Providence Journal, which first reported McAuliffe’s investment Wednesday.

Federal court documents do not accuse McAuliffe of wrongdoing, and it wasn’t clear whether he had made money or lost money on the investments. His campaign spokesman said McAuliffe was a “passive investor” who was deceived like many others. Spokesman Josh Schwerin also said that the campaign and McAuliffe donated sums to the American Cancer Society totaling $74,000 — approximately the amount McAuliffe earned as a return on the investment and received in a campaign donation from Caramadre.

http://www.washingtonpost.com/local/virginia-politics/mcauliffe-among-investors-in-rhode-island-insurance-scam-that-preyed-on-dying-people/2013/10/10/b7d937e0-3127-11e3-89ae-16e186e117d8_story.html?clsrd


So, to reiterate:

Federal court documents do not accuse McAuliffe of wrongdoing.....McAuliffe was a “passive investor” who was deceived like many others.


That's not the impression created in the OP.

What you call "abject stupidity" is what most people call verifying information before making baseless accusations, as you apparently are wont to do.