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Wilbur Ross is accused of swindling $120 million from associates
Business Insider ^ | 08/07/2018 | Joe Ciolli

Posted on 08/07/2018 1:21:25 PM PDT by SeekAndFind

According to former colleagues, US Secretary of Commerce Wilbur Ross has been known to grab handfuls of Sweet'N Low on his way out of restaurants, to save himself the trouble of having to buy his own.

But that may just be the tip of the iceberg, according to a bombshell report on Tuesday from Dan Alexander of Forbes .

The report says Forbes spoke with 21 people who know Ross and found claims that he wrongly took millions of dollars for himself on multiple occasions. The publication estimated that if all the allegations were true, then Ross had bilked associates out of more than $120 million.

Alexander pulled no punches in summarizing his findings, concluding: "If even half of the accusations are legitimate, the current United States secretary of commerce could rank among the biggest grifters in American history."

A Commerce Department spokesperson vehemently refuted the Forbes report.

"The anonymously sourced Forbes story is based on false rumors, innuendo, and unverifiable claims," it told Business Insider in a statement. "The fact remains that no regulator has made any of these accusations against the Secretary. This rehash of old stories is clearly the result of a personal vendetta. The baseless claims made in this story were well publicized long ago and are not news."

Earlier in the day, a statement from Ross said "the SEC has never initiated any enforcement action against me."

That's not entirely true, Forbes said, considering the US Securities and Exchange Commission fined his firm $2.3 million in 2016.

Alexander's interest in Ross stemmed from the commerce secretary's apparent attempts to mislead Forbes, which the magazine says were an attempt to get himself higher on the publication's ranking of billionaires.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Crime/Corruption; Culture/Society; Government
KEYWORDS: commerce; swindler; trumpcabinet; wilburross
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1 posted on 08/07/2018 1:21:25 PM PDT by SeekAndFind
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To: SeekAndFind

FULL TITLE:

Wilbur Ross is accused of swindling $120 million from associates and 'could rank among the biggest grifters in American history,' according to a bombshell Forbes report


2 posted on 08/07/2018 1:23:26 PM PDT by SeekAndFind
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To: SeekAndFind

UGH, what these socialists who don’t work don’t realize is that very successful people make a few enemies along the way. You can’t strike out in the major leagues if you never get to the major leagues. So the media focuses on your strike outs, and not that you led the league in HR’s.


3 posted on 08/07/2018 1:24:54 PM PDT by 1Old Pro
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To: SeekAndFind

Wasn’t he related to Bonnie and Clyde as well...or was it John Derringer?


4 posted on 08/07/2018 1:25:07 PM PDT by gr8eman (Since God has been banished from our classrooms, Satan has filled the void.)
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To: SeekAndFind

Yeah, I grab a handful of waitresses on the way out so I don’t have to make my own sammiches.


5 posted on 08/07/2018 1:25:15 PM PDT by Enterprise
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To: SeekAndFind
...Ross is accused of swindling $120 million from associates and 'could rank among the biggest grifters in American history,'...

He'd have to add at least another zero to that figure to even compete with the Great Grifter of Chappaqua.

6 posted on 08/07/2018 1:25:44 PM PDT by Paine in the Neck ( Socialism consumes EVERYTHING!)
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To: Enterprise

Mueller is on top of it. NOT


7 posted on 08/07/2018 1:26:49 PM PDT by mplc51
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To: Enterprise

“Waitress Special to go, with nothin’ on it.”


8 posted on 08/07/2018 1:28:35 PM PDT by jjotto (Next week, BOOM!, for sure!)
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To: SeekAndFind

So...lawsuits?


9 posted on 08/07/2018 1:28:54 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: mplc51

The judge is making Mueller’s homies cry.


10 posted on 08/07/2018 1:29:19 PM PDT by Enterprise
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To: SeekAndFind

Forbes hates Trump........ always has and always will

For a theoretically conservative magazine , Forbes has jumped the shark.


11 posted on 08/07/2018 1:29:59 PM PDT by bert ((K.E. N.P. N.C. +12) Sanctuary is Sedition)
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To: jjotto

Maybe just some light mayo?


12 posted on 08/07/2018 1:30:06 PM PDT by Enterprise
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To: SeekAndFind

old Wilbur obviously hasn’t been as considerate at commerce as Felonia von Pantsuit was at state....


13 posted on 08/07/2018 1:30:37 PM PDT by mo ("If you understand, no explanation is needed; if you don't understand, no explanation is possible")
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To: SeekAndFind

Hillary stole millions in earthquake relief from poor people in Haiti......but that’s OK because she has a little “d” next to her name


14 posted on 08/07/2018 1:30:41 PM PDT by DanielRedfoot (Hate is the new Love... ~ hug a snowflake)
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To: SeekAndFind

Scott Pruitt....KIA by libtards ..
Wilbur Ross.... Next on the hitlist!

Every Trump cabinet member is under 24-7 attack.

I think Ross is going to fight back. He’s got the resources to do so.


15 posted on 08/07/2018 1:32:23 PM PDT by pacificus
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To: Enterprise

https://www.youtube.com/watch?v=5RyBu_5NNxY


16 posted on 08/07/2018 1:33:40 PM PDT by Red Badger (July 2018 - the month the world learns the TRUTH......Q Anon)
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To: SeekAndFind

If even part of this were true it would be raining lawsuits on Ross. But it’s not.


17 posted on 08/07/2018 1:34:54 PM PDT by colorado tanker
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To: Enterprise

Maybe just some light mayo?

18 posted on 08/07/2018 1:35:20 PM PDT by jjotto (Next week, BOOM!, for sure!)
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To: pacificus

‘I think Ross is going to fight back. He’s got the resources to do so.’
I hope so. The die is cast now. But as they say, from where does he get his reputation back?


19 posted on 08/07/2018 1:36:22 PM PDT by griswold3 (Just another unlicensed nonconformist in am dangerous Liberal world.)
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To: SeekAndFind

He swindled associates out of $120 million and they just kept quiet about it for years?


20 posted on 08/07/2018 1:36:27 PM PDT by Will88
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