Friday, September 25, 2009

Telluride inspires fraud

A man from Telluride has been tied to defrauding banks of hundreds of millions of dollars! Federal Prosecutors claim that Shahin Kashanchi of Telluride, CO gave fraudulent documents permitting his brother-in-law Hassan Nemazee to defraud three banks out of nearly $300 million.

His brother-in-law Namazee was the national finance chairman for Hillary Clinton's 2008 presidential campaign. He later raised money for Obama. He's charged with bank fraud.

I have a couple of comments on this. 1) Thank you AP and the Denver Post for reporting this, even though it's a minor story in your editorial "wisdom" 2) Did anyone really think that a political candidate from Chicago would run a clean campaign? 3) Kashanchi will be tried in Grand Junction, CO which is good because he'll be drawn and quartered and 3) Where are these guys from?

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