The state paid nearly $2 million, including $6,000 for a trip to Bermuda, for a chance to get back $5 million from one of the biggest frauds in Ohio history.
Records show it cost taxpayers $1.84 million for the state to pursue a civil lawsuit against Mark D. Lay, who agreed to pay $5 million to resolve the case stemming from an Ohio Bureau of Workers' Compensation investment scandal.
Lay and his MDL Capital Management, based in Pittsburgh, managed an offshore hedge fund for the bureau that lost $216 million before it was shut down in 2005....
Now Kevin Dewine, the Ohio Republican deputy chairman is criticizing Marc Dann and the Democrats for not recovering enough money and paying too much in legal fees. Someone needs to tell Kevin Dewine that his Republican Party's corruption and mismanagement resulted in the state losing this money. The Ohio Republicans who were in office and their "friends" misused the public's trust and state money. Why should Democrats and the current administration be blamed?
Kevin Dewine and the rest of the Ohio GOP thinks that Ohioans have forgotten about the Republican scandals. We will remember them for a long time.