Oct
26
2013
2

More details on Terry McAuliffe’s profit off of a dying man’s signature.

I don’t get this.

A dying mechanic wanted a few thousand dollars to leave to his wife, two sons and infant daughter. A politically connected millionaire, now running for Virginia governor, wanted to make some money. And a Rhode Island estate planner wanted to become ambassador to the Vatican.

All three came together on paper in late 2006 in a deal struck just two months before the 44-year-old mechanic died of cancer.

The mechanic got $5,000. The millionaire, Democrat Terry McAuliffe, made at least $47,000. But the estate planning lawyer, Joseph Caramadre, went to prison instead of Rome.

(more…)

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