1 of 2
Jerome Corsi is a con man who stole investors' money.
Wednesday August 20, 2008 · 5:05 AM PDT
Just when you thought the racist, anti-Catholic serial liar who authored the latest Obama hit piece couldn't go any lower, he manages to show yet another immoral side of himself.
Jerome Corsi's vile pack of lies has already been widely debunked, and if the traditional media didn't keep putting him in front of TV cameras he'd be a marginal white supremacist figure at best. The "facts" of his smear job have been taken apart efficiently by others, so I won't repeat that here.
But did you know that in addition to all his other sterling qualities, Jerome Corsi is also a con man who stole money from investors?
(more…)
Credit where it's due: I got this from hannah in the comments to teacherken's current diary on the Rec list. Figured it could use a diary of its own.
As it turns out, Corsi mostly defrauded people from my home state, Minnesota, when launching an investment in Poland. I remember Corsi referring to his great work raising money for others when he was lying on Larry King, and wouldn't you know it, he was lying about that as well.
Here's the story from boston.com titled "Failed venture follows anti-Obama author:"
Bradley Amundson was at home in Minneapolis two weeks ago when a familiar face appeared on his television screen. It was Jerome Corsi - a blast from a humiliating time in Amundson's past. "I said: 'Hey, there's Corsi; what's he doing on TV?' " Amundson recalled.
Corsi was on a cable show, promoting his new anti-Barack Obama book, "The Obama Nation," but Amundson knows him in a very different context. Corsi, Amundson, and James M. "Mel" Rockefeller of Arizona were principals of a group that launched an investment venture in Poland in 1995 that eventually lost about $1.2 million, much of it raised from a group of about 20 Minnesota investors, Amundson said.
In his varied career as best-selling author, conservative journalist, and outspoken polemicist, Corsi has become one of the nation's most controversial political provocateurs. But the business deal that went sour before he became famous has made him the target of bitter criticism. Corsi's role as investor is perhaps the least known of his several careers. And 13 years after the Poland deal, the fingers of blame are still wagging. At least two of those investors won court judgments in separate cases filed in courts in Hennepin and Dodge counties in Minnesota against Corsi and his two partners to recoup a portion of the money lost in the Poland deal, but they never collected from Corsi.