Michele Bachmann Watch, 10/5/08: MB linked to Ponzi scheme crook

[marmar]

from the dumpmichelebachmann blog:



BREAKING: Michele Bachmann Linked to Ex-Con in Criminal Probe


The Star Tribune: reports today Frank Vennes is one of the people caught up in the Federal investigation of Tom Petters. Petters is alleged to have operated a massive Ponzi scheme.

According to a federal search warrant affidavit, Vennes was a facilitator who persuaded five major investors to invest $1.2 billion in companies controlled by Petters. The document says Vennes collected more than $28 million in commissions for his work.

The Strib also reports that Frank Vennes has a connection to Michele Bachmann:

Federal election records show Vennes gives liberally to conservative political organizations and candidates. In 2006, he and his family were the top contributors to U.S. Rep. Michele Bachmann. This year, he's given her campaign $4,600.

Bachmann chief of staff Michelle Marston acknowledged Friday that Bachmann was one of several political officials approached by Vennes for a recommendation for a pardon from President Bush for his 1986 crime. Bachmann wrote a letter in favor of consideration last year but withdrew it Thursday after learning of new allegations, Marston said.

Vennes has a connection to Teen Challenge, a charity with connections to Michele Bachmann:

Vennes provided funding for Charis and has been on various charitable boards and has raised or given millions of dollars for a variety of religious nonprofits, including Minnesota Teen Challenge, the Northwestern Foundation and the Fidelis Foundation.

http://dumpbachmann.blogspot.com/2008/10/breaking-michele-bachman-linked-to-ex.html

[RUMMYisFROSTED]

1. Quid con quo?

:think: