Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Romney Was Manager and Board Member of Corp Guilty of Medicare Fraud (More info - the sauce thickens
Newsmax ^ | 1/27/2012 | Dave Eberhart

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 ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: Florida
KEYWORDS: bain; bloodmoney; damon; elections; gingrich; medicare; mitt; mittens; newt; romney; romney4fraud; romneyfraud; romneyrico; romneytheliar; romneytruthfile
Navigation: use the links below to view more comments.
first 1-2021-4041-50 next last
Romney says that Gingrich, with the ad Blood Money is using "Obama's playbook. Oh, the humanity! Forbes and Newsmax are now part of "Obama's playbook." Who woulda thunk it? s/

Forbes and Newsmax are using "the tactics of the left."!!!!! /s

Surely no one is buying these straw man tactics from Romney.

1 posted on 01/27/2012 10:57:49 PM PST by Laissez-faire capitalist
[ Post Reply | Private Reply | View Replies]

To: All

What say you?


2 posted on 01/27/2012 11:01:14 PM PST by Laissez-faire capitalist
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist

Just more blatant lies from Romney.

Seems he can’t help himself.


3 posted on 01/27/2012 11:01:22 PM PST by SoConPubbie
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist

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.


4 posted on 01/27/2012 11:08:00 PM PST by tsowellfan (If its between Obama and Romney, there isnt all that much difference - George Soros)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist
I wonder if that company also profited from RomneyCare and now ObamaCare?
5 posted on 01/27/2012 11:08:26 PM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist
This is what is in store for the republican voter in the fall. The media and Obama will destroy him in just a month's time. Forbes was backing Perry; maybe he knows Romney's game. The left wing media is jumping for joy thinking that they will be going up against Romney. I heard a dem operative on Tv last night say, Newt was the stronger candidate and also that ads were already made to show Romney's corporate raids/firing workers.
6 posted on 01/27/2012 11:08:54 PM PST by Christie at the beach
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist

Newt will take this information and beat it like a tin drum.

Florida, this juice is for you.


7 posted on 01/27/2012 11:13:56 PM PST by jonrick46 (Countdown to 11-06-2012)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist

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.


8 posted on 01/27/2012 11:14:53 PM PST by Kaosinla (The More the Plans Fail. The More the Planners Plan.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Laissez-faire capitalist
Romney's positions: Abortion, gay rights, gun control, liberal judges, mandated socialist/fascist healthcare (RomneyCare)! (video 8:46)
9 posted on 01/27/2012 11:17:22 PM PST by TigersEye (Life is about choices. Your choices. Make good ones.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist

Romney truth file BTTT.


10 posted on 01/27/2012 11:18:31 PM PST by stillonaroll (Nominate a non-RINO in 2012!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist

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.


11 posted on 01/27/2012 11:18:46 PM PST by Just mythoughts (Luke 17:32 Remember Lot's wife.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist

I thought everybody told Rick Perry to go to hell for attacking Newt on Bain Capital?

Now it seems to be fashionable.


12 posted on 01/27/2012 11:20:47 PM PST by mylife (The Roar Of The Masses Could Be Farts)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Laissez-faire capitalist

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 Romney’s and Bain’s control.

http://www.mittsbloodmoney.com/

This stuff will sink Romney, if he gets the nomination, like the Titanic.


13 posted on 01/27/2012 11:22:24 PM PST by jonrick46 (Countdown to 11-06-2012)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Laissez-faire capitalist
I thought everybody told Rick Perry to go to hell for attacking Newt Mitt on Bain Capital?

Now it seems to be fashionable.

**for the life of me I cant seem to separate the silly names**

14 posted on 01/27/2012 11:22:51 PM PST by mylife (The Roar Of The Masses Could Be Farts)
[ Post Reply | Private Reply | To 2 | View Replies]

To: All
I hate elections.
15 posted on 01/27/2012 11:27:42 PM PST by mylife (The Roar Of The Masses Could Be Farts)
[ Post Reply | Private Reply | To 14 | View Replies]

To: All; Laissez-faire capitalist

Dirty, filthy Romney!

WISE UP, VOTERS!


16 posted on 01/27/2012 11:29:58 PM PST by onyx (PLEASE SUPPORT FREE REPUBLIC - DONATE MONTHLY! If you want on Sarah Palin's Ping List, let me know!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaosinla

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.


17 posted on 01/27/2012 11:32:46 PM PST by Laissez-faire capitalist
[ Post Reply | Private Reply | To 8 | View Replies]

To: Laissez-faire capitalist

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.


18 posted on 01/27/2012 11:34:53 PM PST by Laissez-faire capitalist
[ Post Reply | Private Reply | To 17 | View Replies]

To: justiceseeker93

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.


19 posted on 01/27/2012 11:35:57 PM PST by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mylife; All

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.


20 posted on 01/27/2012 11:40:13 PM PST by Laissez-faire capitalist
[ Post Reply | Private Reply | To 12 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-50 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson