Multi-Million GOP Losers: Sheldon Adelson and Timothy Durham
Huffington Post reports Sheldon Adelson spent three times that amount, closer to $150 million, in the 2012 elections and saw most of his investments lost.
and sentenced Friday to 50 years in prison. Timothy Durham, age 50, ran a Ponzi scheme that defrauded over 5000 investors, mostly elderly, over $200 million. Two of Durham's associates, James Cochran and Rick Snow, were to be sentenced later.
Tim Durham was a major contributor to the Republican party and perhaps was the largest GOP donor in Indiana, contributing untold millions over many years with his stolen funds. Now with all his stolen assets seized and Tim and his associates spending the rest of their lives in prison, the Republicans will surely have much more to lose in their downfall.