By Danny Fenster
ticklethewire.com
After leaving the FBI, Congressman Michael G. Grimm invested about a million bucks of borrowed money in a Texas real estate investment. Looking for a builder for the project, Grimm found a former FBI agent he had served with in New York–an agent who was at the time under indictment on state racketeering charges, according to the New York Times.
The builder, Carlos Luquis, was later convicted for his role in stealing $2 million from Texas taxpayers, and eventually served 18 months in prison.
Even so, Congressman Grimm continued to do business with Luquis through two other companies. “Mr. Grimm’s ties to Mr. Luquis reflect a checkered business background that seems to clash in some ways with his image as a straight-arrow veteran of the Marine Corps and the F.B.I.,” writes the Times. “That image has been crucial to his ascent in the Republican Party.”
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