Romney and son investigated for 8 billion dollar Ponzi scheme!
NEW YORK (PNN) - May 1, 2012 - Mitt Romney and his son Tagg Romney have been implicated in an $8.5 billion Ponzi scheme with Wall Street investors Allen Stanford and James M. Davis.
The pair are not cleared, including their three partners, in an ongoing legal proceeding involving selling fraudulent Certificates of Deposit to potential investors.