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Another Obama donor convicted of fraud
Hotair ^ | 12/30/2011 | Tina Korbe

Posted on 12/30/2011 5:43:28 PM PST by SeekAndFind

File this one under culture of corruption. Obama supporters just can’t seem to stay out of trouble, can they? This latest scandal involves a former Tarheels basketball player and a $21 million bank fraud scheme. New York Daily News reports:

Courtney Dupree was convicted of vastly overstating the billings of his Long Island City-based lighting company GDC Acquisitions in order to fraudulently obtain a loan from Amalgamated Bank.

Dupree, 42, sat stone-faced as the verdict was read in Brooklyn Federal Court. He faces up to 30 years in prison and has to pay back at least $18 million. …

Dupree, who attended the elite Wharton School of Business, was a rainmaker in Democratic circles.

In 2008, Dupree hosted a $1,000-a-ticket fund-raiser for Barack Obama at his Broad St. apartment that was attended by top aide Valerie Jarrett.

His company counted NBC Universal and Goldman Sachs among its clients.

Such corruption occurs on either side of the aisle, of course, but that makes it no less disappointing when it happens.


TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: bundler; bundlers; campaigndonor; donor; fraud; fundraisers; goldmansachs; jarrett; obama; obamabundlers; obamafundraisers; valeriejarrett

1 posted on 12/30/2011 5:43:40 PM PST by SeekAndFind
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To: SeekAndFind
In 2008, Dupree hosted a $1,000-a-ticket fund-raiser for Barack Obama at his Broad St. apartment that was attended by top aide Valerie Jarrett.

Yeah because Broad Street is too declasse for The One.

***

A "lighting company" that "counts Goldman Sachs among its clients"? Geewhizgollywow.

2 posted on 12/30/2011 5:49:21 PM PST by the invisib1e hand (Ignorance is no excuse.)
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To: SeekAndFind; Liz; maggief; STARWISE; onyx; penelopesire
mmmm mmmm mmmmm
Another one bites the dust.

Friends of BO Corrupt?

3 posted on 12/30/2011 5:52:01 PM PST by hoosiermama (We need more Jobs.....Steve Jobs....entrepreneurs and creators.)
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To: SeekAndFind

Before you get all tearied eyed about Amalgamated Bank, find out who owns them – the UNIONS. Visit the FDIC site at FDIC.gov.


4 posted on 12/30/2011 5:58:24 PM PST by cpa4you (CPA4YOU)
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To: SeekAndFind; Liz

Most of Hussein’s pals are behind bars - except the domestic terrorists, of course.


5 posted on 12/30/2011 6:08:49 PM PST by Libloather (The epitome of civility.)
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To: SeekAndFind

Let me know when Soros is frog-marched.


6 posted on 12/30/2011 6:36:21 PM PST by OrioleFan
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To: SeekAndFind

Now we just gotta get Soros.


7 posted on 12/30/2011 6:46:08 PM PST by Old Sarge (RIP FReeper Skyraider (1930-2011) - You Are Missed)
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To: SeekAndFind

Birds of a feather.


8 posted on 12/30/2011 6:49:50 PM PST by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: SeekAndFind

Orange jumpsuits for all! A great day is seeing Pelosi, ried, frank, dodd, durbin, kerry, maixine waters, conyers and the list goes on led out in hand cuffs.


9 posted on 12/30/2011 6:58:28 PM PST by ronnie raygun (V)
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To: SeekAndFind
I wonder what Tarheel commentator Deems May has to say about this...
10 posted on 12/30/2011 7:11:22 PM PST by Renderofveils (My loathings are simple: stupidity, oppression, crime, cruelty, soft music. - Nabokov)
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To: SeekAndFind
An Obogus donor: not to worry, he has a get out of jail free card: Pardon.
11 posted on 12/30/2011 8:41:37 PM PST by Know et al (The most potent weapon in the hands of the oppressor is the mind of the oppressed.)
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To: SeekAndFind
...and has to pay back at least $18 million.

Lol, he won't pay back a dime.

12 posted on 12/30/2011 8:46:55 PM PST by facedown (Armed in the Heartland)
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To: SeekAndFind

Hey Obie: You’re gonna need more donors, and jails.


13 posted on 12/30/2011 8:55:07 PM PST by MadMax, the Grinning Reaper
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To: SeekAndFind

According to financial records, Goldman-Sachs, the bank at the heart of the financial downfall, and recipient of huge TARP money, gives most of its money to Democrats. Despite admitted wrongdoing and cheating of customers, not one exec has been prosecuted, although Bush Sr. prosecuted the S&L crooks.

In addition, they been given a Special dispensation other banks did not get, by the Administration, to speculate in commodities, raising the price of food, not only here, but so much in some countries as to cause starvation.

Geithner opposes any tax on casino-banks, even though they make much more money, unproductively, than the few factories still in America, and often do the nation harm - yet those factories Are taxed.

And oh, G-S was the second biggest donor to the 2008 Obama campaign. This election they will probably be first, thanks to government largesse and “favors.” Obama will shriek “populism” to Deadocrats, who will swallow another “hope and change” lie, while dealing with Goldman, et al, behind the door.

Or maybe we could just take off the mask and call him President Goldman-Sachs.

Tim Geithner: “Jump, Obama, Jump. Jump for your Goldman-Sachs masters!”

Obama: “How high?”


14 posted on 01/09/2012 10:16:17 PM PST by superstitionmountain (Sharia - where your daughter will be bullwhipped for being raped.)
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