What is Wantagate?

1 Answer

Answer :

answer:The story starts with Leo Wanta, an American businessman, supposedly entrusted with large sums of money (often quoted at $27.5 trillion) by Ronald Reagan in an arbitrage scheme to sink the Soviet economy. Wanta was imprisoned for fraud after Reagan left office, supposedly in an effort to get him out of the way and seize the money. Since his release from prison, Wanta has attempted to return the money to the U.S. Treasury, in an effort to lower the national debt. The theories continue that corrupt American officials including President George W. Bush, Vice President Dick Cheney, and Treasury Secretary Henry Paulson have tried to block the transfer of this money back to the American people and use it instead for their personal gain. Christopher Story, a former adviser to Margaret Thatcher and publisher of www.worldreports.org, has made many claims about the story, most recently that Paulson was killed on New Years Day 2008, but this appears to be false. There is no specific connection to Ron Paul, except that the scandal has gotten some attention on his unofficial forums.

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