Friday, October 26, 2012

Democrat Senator Denies Keeping Ponzi-Scheme Operator And Contributor Out Of Jail

(Daily Caller) Documents show [that Minnesota Democratic Sen. Amy] Klobuchar helped keep Ponzi-schemer Tom Petters out of prison for years by choosing to prosecute only his early co-conspirators. Petters’ scheme later grew to involve $3.65 billion in assets, and is the third-largest Ponzi scheme in U.S. history.

Those documents show Klobuchar had enough evidence to target Petters during the early years of his criminal enterprise. Petters and his employees contributed more than $120,000 to Klobuchar’s campaigns for county attorney and U.S. Senate.

Klobuchar took an aggressive tone on Wednesday when a media tracker for her GOP opponent, state Republican Rep. Kurt Bills, asked her to respond to a recent investigation by The Daily Caller into her past.

"They are untrue allegations," Klobuchar said. "And, if your candidate has some actual thing he wants to bring forward as a criminal charge, he better bring it to a prosecuting authority, because I’m doing my work as a United States Senator."

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Posted By: Chris Carmouche