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GOP Candidate Named in Settlement of ‘Ponzi Scheme’

Summary by Political Wire
Wisconsin Public Radio: “Republican Paul Wassgren of Ashland is touting his experience as a financial services broker and corporate attorney as he runs against three other GOP candidates in a primary for Northern Wisconsin’s 7th Congressional District.” “But two years ago, he was involved in a $44 million settlement that ended a class action lawsuit in which investors alleged the Florida-based company Wassgren represented orchestrated a ‘Ponzi s…

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Political Wire broke the news in New York, United States on Monday, February 16, 2026.
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