by Karl Denninger
Market-Ticker.org
The CEO of Platinum Health Care — a nursing-home chain that recently settled a lawsuit alleging it stole patients’ Social Security, Medicare, Medicaid and Veterans Administration payments — is closely linked to five mysterious companies that donated $250,000 to Stand For Truth, a super PAC supporting Ted Cruz.
The five limited liability companies, which own or operate assisted living facilities for seniors, each donated $50,000 to Stand for Truth on Dec. 21, 2015. That’s the same day that Platinum Health Care — which shares the same Skokie, Illinois, address as the five LLCs — settled over allegations that CEO Ben Klein and his firms kept seniors’ government checks after they moved out of Platinum facilities or died.