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Posted by seafan in General Discussion
Fri Mar 22nd 2013, 11:01 PM
It still just amazes me, after all of these years, what a terrible a judge of character Jeb "The Reformer" Bush is...

Maybe authorities ought to take a closer look at the 'consultant'.

Jeb Bush to return $270,000 paid by fraudster Osorio

Paul Brinkmann
Reporter- South Florida Business Journal

March 21, 2013

Former Gov. Jeb Bush has agreed to return $270,000 that he was paid as a consultant to convicted fraudster Claudio Osorio and Osorio’s companies.

An agreement outlining Bush’s settlement payment was filed Thursday in bankruptcy court in Miami.

According to the agreement, Bush was paid $468,901 between December 2007 and September 2010 for consulting “plus reasonable expenses.”

Bush and his company, Jeb Bush & Associates, are repaying the money to Soneet Kapila, a court-appointed fiduciary who is collecting funds Osorio stole from other people and used to fund business operations at InnoVida Holdings, his housing panel manufacturing business.


Osorio is facing up to 50 years in prison after pleading guilty to two counts of conspiracy to commit fraud and one count of conspiracy to commit money laundering. He was indicted Dec. 7 for defrauding investors, stashing their money around the world and lying to the U.S. government to obtain $10 million in loans, which were supposed to be used for building homes in Haiti following the January 2010 earthquake there.


The settlement references a 2007 contract Bush’s company struck with Osorio for $15,000 a month.


Well, isn't this interesting....

December 8, 2012


To lend legitimacy to his effort, Osorio assembled a high-profile board of directors that included former Florida Gov. Jeb Bush, Miami condo king Jorge Perez and others.


Chris Korge, a shrewd Miami developer and lawyer, said Osorio assured him that his company had about $40 million in cash and a lucrative deal with Middle Eastern investors to purchase $500 million in company stock. Korge invested $4 million before he began to suspect that something didn’t add up.

“Jeb Bush was on the board, there were a lot of successful people convincing me. We went out and we met and I just began to realize that the cost-effectiveness of building with the materials would never work,’’ Korge said. By that time, however, it was too late.


And this:

December 10, 2012

Authorities say the high-flying businessman lured potential investors with false financial statements and high-profile connections, including a blue-chip board of directors that included former Florida Gov. Jeb Bush, who has not responded to a request for comment.


March 13, 2011

InnoVida’s board of directors — which once boasted marquee names such as Clark, former Florida Gov. Jeb Bush and Miami condo king Jorge Perez in company promotional materials — has also been disbanded.

Let's see, Jeb left the Governor's office in January, 2007.

Here are Jeb and Columba Bush, center, hosting a party at the home of fraudster Osorio (on far left) in Miami on April 26, 2007, for an organization called 'Worldfund'.

Photo is from the website of the organization named 'Worldfund', which has as one of its principles: 'We believe raising educational quality in Latin America requires changing mindsets and practices of teachers and principals.'


May 9, 2007: Jeb Bush Joins the Tenet Gravy Train (To be paid ~ $37,000 a day)

September 11, 2007: Jeb Bush joins Lehman's private equity board

November 16, 2007: Jeb Bush joins CNLBancshares board

December 1, 2008: Jeb Bush lands a position on Rayonier Board of Directors

Link no longer available, but here is a clip:

...Rayonier, a Jacksonville-based timber and real estate company that claims ownership of 200,000 acres along Interstate 95 from Savannah, Ga. to Daytona Beach.

The company should be familiar with Bush — Rayonier did tens of millions of dollars in land deals with the state while he was governor
, including a $60 million deal in 2001 to connect Osceola National Forest to Georgia’s Okefenokee National Wildlife Refuge and a $30 million agreement in 2003 that put 8,465 acres in St. Johns County into the Florida Forever program.

In 2000, Bush blasted a $20 million deal with the company as too expensive but joined a unanimous vote from the Cabinet to approve the agreement. Here’s his quote that ran in the Orlando Sentinel and the Vero Beach Press Journal:

“Man, I can’t wait to get back into the real estate business and sell property to the state,” Bush said.

Lee Thomas, Rayonier chairman, said in a press release this morning, “Jeb’s management experience as governor of one of the country’s largest states and his expertise in real estate and public policy issues make him an ideal fit for our Board.”

September 15, 2011: Jeb Bush forms new company and gets into 'privatized' disaster response business

St. Petersburg Times, now Tampa Bay Times

Former Florida Gov. Jeb Bush is getting into the for-profit disaster response business. ..... Bush has joined forces with O'Brien's Response Management, an emergency planning company, according to a story in the Maritime Executive on its web site today.

According to the Maritime Executive's story, O'Brien's is a a wholly owned subsidiary of SEACOR Holdings Inc. and joined forces with Bush's company, Old Rhodes Holdings LLC, to help the company expand into new markets. "O’Brien’s provides emergency planning, disaster response, preparedness consulting, crisis communications and regulatory compliance services to corporations and governments,'' the report says.


A few more of Jeb's connections:

John E. Bush

Manager at Old Rhodes Holdings, LLC
Managing Member at Altara Investments LLC
Manager at Britton Hill Partners, LLC
Manager at Bush Financial Holdings LLC
Manager at Bush Realty, LLC
Director at Florida Hispanic Outreach, Inc.
Director at Foundation for Excellence In Education, Inc.
President at Foundation for Florida's Future Action Fund, Inc
President at Foundation for Florida's Future, Inc.
Manager at Granada Investment Holdings, LLC
Manager at Jeb Bush & Associates, LLC
Managing Member at Santa Maria Holdings LLC

He's been a busy bee since he 'left the stage' in 2007.

I want to be very wealthy, and I'll be glad to tell you when I've accomplished that goal.---John Ellis (Jeb) Bush, son of the president

Not to be outdone by W., Jeb wants some boots of his own.

But, the truth is finally overtaking the Bush Family.

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