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Dem Candidate A Penny Stock Pump And Dump Scammer?

By Greg L | 13 August 2010 | Virginia Politics, US Congress | 2 Comments

Over at Virtucon they pick apart the amazing web of dubious penny stock companies that essentially fund the campaign of Democrat Krystal Ball in what is absolutely a must-read blog post.  You’d think the mainstream media would have bothered to look into this, as all the information about this is available in campaign finance disclosures and internet websites, but instead it takes a blogger to unlock they mystery.  Go figure.

In a nutshell, Ball is the CFO and/or a major stockholder in a number of penny stock companies that either haven’t any physical presence or any earnings, yet Ball has hundreds of thousands of dollars from these corporate shells that she can pile into her campaign against 1st District representative Rob Wittman.  One of the firms in this web has even been investigated by the Federal Trade Commission and found to be fraudulent.

I guess this is somehow Nancy Pelosi’s version of “draining the swamp.”



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2 Comments

  1. The Bulletproof Monk said on 14 Aug 2010 at 11:50 am:
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    That damned Jim Riley just fired ANOTHER shot across the bow of the traditional newsrags.
    Great piece , and fantastic research.
    Ball, who didn’t have a gnat’s chance in the race already, just turned off everyone who thought that the mortgage debacle (and more importantly - Bernie Madoff) were
    scams is going to love finding out about that woman’s (and her husband) twisted web of lies.
    When a candidate KNOWS they’re sitting on a powder keg, how do they think the information won’t ever see the light of day??

  2. You Know Me said on 16 Aug 2010 at 8:09 am:
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    Why is it every time I hear the name “Krystal Ball”, I hear the soundtrack from a ’70s porn movie?

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