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Halls of Shrewd'm / US Policy❤
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Author: Lambo ⎊  😊 😞
Number: of 48446 
Subject: Re: ActBlue, on its last legs?
Date: 03/12/2025 10:26 PM
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Sorry, the wife got home and I forgot one part:

SNIP According to court filings, Bernegger and an associate raised hundreds of thousands of dollars from investors to bankroll a collection of companies in the food processing business. Among other ventures Bernegger touted was a company called We-Gel, which he claimed was capable of harnessing waste from catfish processing plants to produce an alternative form of gelatin – one that could be used widely in pharmaceuticals.

But there was a problem. The business partners “were never able to manufacture a sellable product”, according to charges brought by the justice department in a 2008 case before a US district court in Mississippi. A jury convicted Bernegger of mail fraud and bank fraud for his participation in the scheme.

Bernegger successfully appealed the initial amount of restitution down to $1.7m, from the approximately $2.2m initially ordered, but was unable to convince the courts to reduce his prison sentence of 70 months. SNIP

Yes. A most trustworthy person, eh Dope?
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