S.A. convict says he set up scam to spur health care reform

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S.A. convict says he set up scam to spur health care reform
PACPoliticoU.S. Senate
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Youngest person to scam a bank in San Antonio set up fake super PAC, made big claims that crumbled under scrutiny

Christopher Henry Richardson , the youngest person ever to con a San Antonio bank, says he perpetrated his latest fraud — in which he created a fake political action committee — for a worthy cause: national health care reform. Richardson, 37, pleaded guilty this spring in Washington , D.C. , to making fraudulent entries related to the PAC , whose purported mission was to back Democratic candidates in key U.S. Senate races in 2020. The San Antonio native's sentencing is Thursday.

S.A.'s 'Mini Madoff,' who bilked $1.2M from a bank as teen, pleads guilty to phantom super PAC scam Richardson told FBI agents his objective was to lure health insurers into a financially crippling political fight, an idea inspired by President Ronald Reagan’s successful bid to win the Cold War by out-spending the Soviet Union and forcing it into an arms race that it could not afford. 'If this plan seems far-fetched, that is because it was: Mr.

Fraudster claims this was super PAC's headquarters Living large — and outside the law Richardson is his married name. His name was Christopher Aragon when he convicted of bank fraud in 2010 in San Antonio and sent to federal prison. By age 20, he'd engaged in an elaborate scheme to defraud his maternal aunt and San Antonio National Bank.

Man gets prison for conning bank 'Force for good' Richardson’s psychiatric diagnoses have varied from provider to provider. They have included attention deficit and hyperactivity disorder, bipolar disorder, panic disorder, generalized anxiety disorder and post traumatic stress disorder, Colby said in the sentencing memo. Colby claimed Richardson was sexually assaulted by a guard when he first entered federal prison at age 22, and that his PTSD resulted from that attack.

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PAC Politico U.S. Senate Democratic Merrill Lynch San Antonio National Bank Progressive Action USA AFPA S.A. FBI Mercedes Porsche Christopher Henry Richardson Jarrett L. Colby Dolores Alcazar Aragon Trevor N. Mcfadden Ronald Reagan Jim Blankinship Henry Aragon Christopher Aragon Mini Madoff Valeri Aragon Fred Biery San Antonio Soviet Union Washington D.C. Americans North San Antonio Pennsylvania Cold War Henry Bass

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