Share This Article with a Friend!


McAuliffe Got Thousands From Swindling Deal

Laura Vozzella, Washington Post

In an annuity deal tied to McAuliffe, 2 investors knew they bet on specific, dying people. A dying mechanic only got $5,000 to leave his wife and kids. Terry McAuliffe, a millionaire, made at least $47,000 off his death. The estate planning lawyer, Joseph Caramadre, went to prison.

http://www.washingtonpost.com/local/virginia-politics/in-annuity-deal-tied-to-mcauliffe-2-investors-knew-they-bet-on-specific-dying-people/2013/10/26/11456c1c-3c4b-11e3-b6a9-da62c264f40e_story.html