Biden Frees Men Who Scammed $5 Billion With Over 1 Million Victims

Biden has freed several individuals who were convicted of significant financial crimes, totaling about $5 billion in scams that affected over 1 million victims. These scams included large Ponzi schemes that left many, including working-class people, devastated. One of the major cases involved 'Zeek,' where the CEO, Paul Burks, was sentenced to 14 years in prison but had his sentence commuted by Biden.

Burks defrauded many victims, some of whom lost their life savings, including families facing critical medical expenses. Other major fraud cases include James Fry, who was involved in a $1. 9 billion Ponzi scheme, Timothy McGinn, who defrauded 900 investors of $136 million, and Eric Bloom, sentenced for a $665 million fraud scheme. Biden’s actions show a trend of pardoning or commuting the sentences of various fraudsters, raising concerns about favoritism and legality.

This wave of commutations also included numerous other fraudsters responsible for millions in losses. For instance, Gregory McKnight ran a $72 million Ponzi scheme affecting thousands of investors, while Marc Dreier was linked to a $740 million scheme. Many of the pardoned individuals had schemes resulting in vast financial losses and many affected victims, illustrating a pattern of pardoning high-profile criminals.

Biden’s intervention extended to healthcare fraud cases, including individuals who misused Medicare funds or engaged in scams that stole taxpayer money meant for vulnerable populations. Significant cases involve Dr. Meera Sachdeva, who was accused of using unsafe medical practices leading to serious health risks for patients.

This situation raises questions about potential connections between Biden and these pardoned individuals, suggesting a troubling pattern concerning his family and associates as well. While not the first president to grant pardons to fraudsters, the extent of Biden's actions, the number of victims, and the substantial amounts of money involved are unprecedented.

Overall, Biden’s decisions illustrate a controversial legacy, where the phrase "no one is above the law" seems contradicted by the pardoning of individuals who caused substantial harm through extensive fraud schemes. These changes have sparked debate about law enforcement and fairness, positioning Biden's presidency as one marked by significant corruption and troubling ethical choices regarding criminal pardons.

https://www.frontpagemag.com/biden-frees-men-who-scammed-5-billion-with-over-1-million-victims/