DEEP POCKETS
Report: Wilbur Ross Accused of Stealing Over $120 Million
Wilbur Ross could be “among the biggest grifters in American history,” according to Forbes magazine, amid new allegations that he may have wrongly siphoned off more than $120 million from business associates.
An investigation, citing 21 people who have worked with the man who is now President Trump’s commerce secretary, claims Ross stole “a few million here and a few million there” from various companies. Forbes reports: “All told, these allegations—which sparked lawsuits, reimbursements, and a Securities and Exchange Commission fine—come to more than $120 million.”
Ross’ former colleagues offer very unkind words about him. “He’ll push the edge of truthfulness and use whatever power he has to grab assets,” said New York financier Asher Edelman, while another of Ross’ former colleagues said: “He’s a pathological liar.” They say he is obsessed with money, with two former colleagues recounting that he took handfuls of Sweet’ N Low packets from a restaurant near his office, so he didn’t have to go out and buy some for himself. (A Ross spokesman disputed that claim—and denied that he sweetens his coffee.)
Read it at Forbes
http://www.forbes.com/sites/danalexander/2018/08/06/new-details-about-wilbur-rosss-businesses-point-to-pattern-of-grifting/?via=newsletter&source=CSAMedition
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