Skip to comments.Romney Was Manager and Board Member of Corp Guilty of Medicare Fraud (More info - the sauce thickens
Posted on 01/27/2012 10:57:39 PM PST by Laissez-faire capitalist
Debating in Tampa Florida this month, Mitt Romney strongly denied that his investment company Bain Capital did "any work with the government like Medicaid and Medicare." However, under Romney's "supervision," Bain purchased and ran the Damon Corporation which pled guilty to Federal conspiracy charges - as a result of tens of millions in systemic Medicare fraud...
According to a cited Forbes report, in 1989, Bain Capital purchased controlling interest in Damon Corp. a medical testing company located in Needham, Massachusetts. "During the time that Bain held its ownership of the company, Mitt Romney personally sat on the board of directors.."
And during that same period, Damon Corp. was busy submitting fraudulent reimbursement claims to Medicare to the tune of millions of dollars.."
According to the Forbes summary, by the time Damon Corp. pleaded guilty to defrauding the United States Government Bain had conveniently and in the nick of time sold the company to Corning, Inc.
According to Forbes, when Mitt Romney was hammered with the scandal during his campaign to become Governor of Massachusetts, he acknowledged that he did have some awareness of the shady dealings going on at Damon... he had helped uncover the illegal activity at Damon, asking the boards lawyers to investigate. As a result, he said, the board took corrective action before selling the company in 1993 to Corning Inc. However, according to the court records, the Damon scheme continued throughout Bain's ownership, and prosecutors credited Corning, not Romney, with taking corrective action.
According to a Boston Globe report... then Republican gubernatorial candidate Mitt Romney, while insisting that he and fellow members of Damon Corp. uncovered what was later determined to be a criminal scheme to defraud Medicare in 1993, acknowledged that the directors did not turn over their findings to federal authorities...
(Excerpt) Read more at newsmax.com ...
Forbes and Newsmax are using "the tactics of the left."!!!!! /s
Surely no one is buying these straw man tactics from Romney.
What say you?
Just more blatant lies from Romney.
Seems he can’t help himself.
Better for a Republican to use the so called “Obama playbook” in the republican primary before it’s too late and Obama gets to use it instead.
Newt will take this information and beat it like a tin drum.
Florida, this juice is for you.
This was a part of the 2008 Mclame dossier released weeks ago. LSM, including fox, was too busy worshipping at the alter of Williard, than tell people the truth.
Romney truth file BTTT.
Have you not learned yet to ask Mitt anything about how he made money is unacceptable? IT does NOT matter how much tax payers got shafted because nobody can do it better than Romney. s/
Which political candidate did Wall Street overwhelmingly fund in the last presidential election? WHO got ‘bailed out’, and yet we continue to have the mass confusion of the ‘Wall Street’ crowd cheering on the performance art called ‘occupy wall street’.... Deception is well pass the point of return.
I thought everybody told Rick Perry to go to hell for attacking Newt on Bain Capital?
Now it seems to be fashionable.
Check out video linking Willard with the the Damon Corporation, who pled guilty to Federal conspiracy charges as a result of tens of millions of dollars in systemic Medicare fraud committed under Romneys and Bains control.
This stuff will sink Romney, if he gets the nomination, like the Titanic.
Now it seems to be fashionable.
**for the life of me I cant seem to separate the silly names**
Dirty, filthy Romney!
WISE UP, VOTERS!
I don’t think all was part of the dossier.
And Romney recently saying Bain had no dealing with Medicaid or Medicare recently (this is in 2012) cannot be part of the 2008 dossier.
Redo of second part:
Romney saying recently (in 2012) that Bain had no dealing with Medicare, Medicaid, cannot be a part of a 2008 dossier.
I know you dealt with this yesterday, and picked out some things you found questionable. This information evidently originated from Forbes, who gave it to Perry, and now to Gingrich. Forbes, I suspect, doesn’t like Romney much.
Romney used a straw man tactic: any questioning of him and/or Bain was an attack on capitalism.
Given what Zerohedge, Dirtdiggersdigest, LA Times, American Spectator (Romney: Corporate Welfare Bum), Boston Globe, etc, etc, have released on Romney, there is no attack on capitalism...
...just an exposing of Romney not being for free enterprise.
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