Elitist Alan Grayson Bet $18,000,000.00 In A Get Rich Scheme And Lost It All.

Mega-off-the-charts levels of corruption in the federal government coming to light in 2013: And the hits just keep on coming.

Political Vel Craft

McLEAN, Va. (AP) — U.S. Rep. Alan Grayson, D-Fla., lost $18 million in a scheme that cheated him and about 120 other investors out of more than $35 million, according to court papers.

The Virginia man who ran the scheme, William Dean Chapman, was sentenced Friday in federal court to 12 years in prison. Prosecutors say Chapman used the money to fund a lavish lifestyle including a Lamborghini, a Ferrari and a $3 million home.

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