Allen Stanford’s Connections To Congress Catch The Eye Of The FBI
December 28, 2009
U.S. (ChattahBox) – Allen Stanford’s criminal case has expanded to the lawmakers he hobnobbed with, as the scope of his Ponzi scheming and political influence widens to possibly include members of Congress.
After being charged with stealing $7 billion from investors in what is thought to be the largest Ponzi scheme in U.S. history, Stanford is obviously being seen as a rather unscrupulous man.
But as his financial records become more available to the FBI, they have noticed something interesting: a habit of contributing heavily to politicians in Congress.
Stanford has given $2.5 million dollars to various politicians within the Republican party, including the fallen Congressmen Bob Ney, who pleaded guilty to corruption charges and John E. Sweeny, who was accused by his wife of frequent domestic violence, including one incident that brought the police to their home.
In addition to these contributions, Stanford has also put $5 million into lobbying over the last few years. This lobbying was directed at financial law, where he supported the squashing of bills meant to increase regulation that would lead investigators to his doorstep.
While it isn’t clear if Stanford was getting any special treatment from these lawmakers for his troubles (which included lobster dinners, luxury weekends at 5-star resorts, and other elaborate and expensive gifts), perhaps an email sent the day Stanford was charges by National Republican Congressional Committee chair Pete Sessions says it all:
“I love you and believe in you. If you want my ear/voice — e-mail. Pete.”