The old saying “fool me once shame on you, fool me twice shame on me,” seems to be applicable to Rep. Alan Grayson (D., Fla.), who for the second time in his life has lost millions to a fraud scheme.
The Associated Press reported on Monday, “Rep. Alan Grayson of Florida lost $18 million in a scheme that cheated him and about 120 other investors out of more than $35 million.”
This is the second such scheme that Rep. Grayson has been involved in. The other occurred in 2009 where Rep. Grayson won a $34 million judgment.