*By Amanda Weston* Allegations that Wilbur Ross [stole $120 million](https://www.forbes.com/sites/danalexander/2018/08/06/new-details-about-wilbur-rosss-businesses-point-to-pattern-of-grifting/) from colleagues may not be enough to force Ross, the Secretary of Commerce, to lose his job, said the Forbes reporter Dan Alexander. "Ethical issues haven't bounced people quickly in the past, and I think that Wilbur Ross really likes being in the cabinet," Alexander said Wednesday in an interview on Cheddar. "I don't see him as somebody who's likely to step down because of embarrassment or anything like that. So we'll sort of see how it plays out." Alexander's article, published Tuesday by Forbes, includes accusations made by Ross's colleagues at WL Ross & Co., including one who describe him as "a pathological liar." Alexander wrote that if half of the allegations are true, Ross could be one of the biggest grifters in U.S. history. (More than 280,000 people have read the Forbes article on its website.) "This is the former No. 2 person in Wilbur Ross's firm saying that he stole about $4 million from him, another high-ranking employee saying that he stole $3.6 million, and then a lot of it is more complex, siphoning funds from investors or from other partners," said Alexander. "Total it all up and you get to over $120 million. That's a tremendous amount of money for anyone, but particularly for somebody like Wilbur Ross who said he was a billionaire ー and is not." A Commerce Department spokesperson said in [a statement to Business Insider](https://www.businessinsider.com/wilbur-ross-120-million-grift-allegations-in-bombshell-forbes-report-2018-8) that the accusations against Ross are,"based on false rumors, innuendo, and unverifiable claims." Alexander relied on information from more than 20 people who know Ross, and details from four lawsuits, including one by David Storper, who worked under Ross for more than a decade. Had senators known about the allegations against Ross, Alexander said his confirmation hearing for Commerce Secretary may have gone differently. As a member of the president's cabinet, Ross has to file financial disclosure forms detailing what he owns. Alexander said that past disclosures were "embarrassing" because they showed how Ross made misleading statements about his wealth. When asked whether any of his sources had no complaints to issue about Ross, Alexander had a simple response. "There was nobody who was willing to go on the record saying Wilbur Ross is a tremendous guy." For more on this story, [click here](https://cheddar.com/videos/commerce-secretary-wilbur-ross-accused-of-stealing-millions).

Share:
More In Politics
World Central Kitchen Working to Feed Ukrainians Amid Russian Invasion
World Central Kitchen is Ukraine helping to feed people remaining in the country or fleeing from the Russian forces. Nate Mook, CEO for the non-profit, joined Cheddar New to discuss the efforts being made to help those in need in a very tenuous situation and how the invasion disrupted the lives of Ukrainian people."We met a young woman from Kyiv who had crossed into Poland, she had a great job, she just moved into a new apartment. She was really excited about decorating her apartment. You know, things that we all do on a day-to-day basis, and she had to just abandon her life," he said.
Gerrymandering's Impact On Elections
Michael Li senior counsel for the Brennan Center's Democracy Program joins Cheddar News to discuss gerrymandering and how it's impacting American politics
Ukrainian 17-Year-Old College Student on Decision to Stay Amid Russian Invasion
As half a million Ukrainians fled when Russia invaded its neighbor, some civilians chose to stay in harm's way. Igor Gamaniuk, a 17-year-old Ukrainian college student, joined Cheddar News to talk about his decision to remain in his beloved country and volunteer to support soldiers with food, clothing, and supplies. "Right now people are pretty calm in my town. We are trying not to panic. But we have to be cautious because every day and every night the siren could sound and we have to move away from the window or go to the nearest shelter," Gamaniuk explained.
Load More