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 of dollars in systemic Medicare fraud, alleges an ad now being run by a PAC sympathetic to former Speaker of the House Newt Gingrich.
When the dust settled after a consuming federal investigation, Damon was fined over $119-million, which was, at the time, the largest criminal healthcare fine in Massachusetts history, touts the ad.
As featured in the ad, Romney’s participation was characterized in 1996 by Corporate Crime Reporter: “As manager and board member of Damon Corp, Mitt Romney sits at the center of one of the top 15 corporate crimes of the 1990’s.”
“During the time that Bain held its ownership of the company, Mitt Romney personally sat on the board of directors,” notes Forbes. “And during that same period, Damon Corp. was busy submitting fraudulent reimbursement claims to Medicare to the tune of millions of dollars charged for unnecessary blood tests.”
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
Romney is for GUN CONTROL, Romney is for Government run healthcare, Ronmey is for amnesty, Romney is for Cap and Trade. Hard to fathom that the Republican candidate that has somehow been ordained to be the nominee is exactly like the guy we want to throw out.
Anybody but Obama ! You can't hold an employee accountable for things the company allegedly did.
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