7 votes

Romney Family Investment Group Partnered With Alleged Perpetrators Of $8 Billion Ponzi Scheme

Romney Family Investment Group Partnered With Alleged Perpetrators Of $8 Billion Ponzi Scheme

Mitt Romney, his son Tagg, and Romney’s chief fundraiser, Spencer Zwick, have extensive financial and political ties to three men who allegedly participated in an $8.5 billion Ponzi scheme. A few months after the Ponzi scheme collapsed, a firm financed by Mitt Romney and run by his son and chief fundraiser partnered with the three men and created a new “wealth management business” as a subsidiary.

Read more:


Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.



Apparently this website...

... archives all newspaper articles:


Maybe one could find something written, a puff piece, long before the Ponzi scheme collapsed that links Tagg Romney and Stanford.

I know when the Stanford Group collapsed, I bookmarked the webpages, because it was littered with Washington insiders, former defense force and CIA personnel who lent credibility to the whole operation. Unfortunately these webpages were quickly removed and I did not keep a permanent record.

Plano TX

Try This Site

It has been a resource, at least for me, in retrieving
webcontent that "disappeared".

Good Luck in Your Quest!

"Beyond the blackened skyline, beyond the smoky rain, dreams never turned to ashes up until.........
...Everything CHANGED !!

That's much worse than I was

That's much worse than I was expecting. Maybe Matt Taibbi could do a story on this.

I was thinking oh a lot of people were affiliated with Stanford Financial, oh but the Romneys started a new investment fund with suspects of a major ponzi scheme, claimed they made little money but actually had made millions from it...hmmm

Check out http://ronpaulforums.com for activism and news.

Tagg Also Said They Had Been Cleared But That Was Not True

I wonder how the people they screwed money out of feel about them? Tagg is Mitt's son. Mitt needs to show his tax records.