Felonious former Rep, Wes Cooley -R OR, caught in another scam

[Vanje]

http://www.oregonlive.com/newsflash/regional/index.ssf?/base/news-9/1107441161134640.xml&storylist=orlocal

Excerpt:
ST. LOUIS (AP) — A former Oregon congressman and another man defrauded investors in the St. Louis area of more than $2 million, a jury has ruled.
Jurors in U.S. District Court in St. Louis ordered former Rep. Wester Cooley and businessman George Tannous to pay $2.2 million, the St. Louis Post-Dispatch reported Thursday. The trial lasted eight days.

The jury on Wednesday ruled the men, along with an associate who used the named John Montgomery, defrauded investors here by telling them that online auction giant eBay.com was on the verge of buying their startup company, BidBay.com.

Plaintiffs said the men conspired to indicate eBay's interest in BidBay. In fact, federal regulators had blocked BidBay from selling its shares to the public, and there were no plans for eBay to buy the company, plantiffs attorney Francis "Bud" Pennington III said in closing statements Tuesday.

(SNIP)
Cooley was elected to Congress as a Republican from Oregon in 1994, but quit under pressure during his 1996 re-election campaign after being accused of lying about serving in the Korean War while with the Army Special Forces.

He was later convicted of lying in the Oregon Voters' Pamphlet, and was sentenced to two years' probation, 100 hours of community service and fined $5,000.

[Oreo]

1. People with that much money

that are that gullible should give it all to charity before slimy weasels like this steal it.

I googled bidbay and it came back with a bunch of not very nice hits
eBay Sues BidBay
By Ina Steiner
AuctionBytes.com
July 31, 2001

The Associated Press reports that eBay is suing rival auction site BidBay for copying eBay's look and feel. Last year, AuctionWatch reported that eBay attorneys had sent two letters to BidBay charging intellectual property infringement due to the site's alleged similarity to the online auction leader http://www.auctionwatch.com/awdaily/dailynews/march00/6-030900.html (March 9, 2000). Interestingly, a search for the term "BidBay" on eBay's auction site turned up a BidBay T-shirt for sale, and a search for the term "eBay" on BidBay turned up 6 e-books on how to make money selling on eBay. http://www.abcnews.go.com/wire/US/ap20010730_1370.html