FREE Sign upLogin
Dems try to tar Thune, Noem with scandal brush

Dems try to tar Thune, Noem with scandal brush

EB-5 Visa, EB5 Visa, EB-5 Investment

Undated (KELO-AM) Their Democrat challengers in November are trying to wrap South Dakota Senator John Thune and U.S. Representative Kristi Noem in the folds of the EB-5 and Gear-up scandals.

Jay Williams says that Senator Thune sat on at least three congressional committees that dealt with the programs. The Yankton businessman says that based on the charges being leveled by South Dakota, it appears Thune was "derelict" in his duty to oversee the federal programs.  Senator Mike Rounds also takes it on the chin from Williams because he was Governor at the time.

Noem's challenger, State Representative Paula Hawks, claims that Noem voted to extend EB-5 without first trying to reform the federal program. Hawks claims Noem broke her word.

The State Democratic Party is doubling down on Noem with an attack video that claims Noem broke her word on EB-5. 

Noem's Chief of Staff, Jordan Stoick, responded to the charges by saying that Noem supports EB-5 reforms.

"The nine-month extension of the program was included in a broader bill that Rep. Noem thought contained provisions that benefited South Dakota," Stoick said, "including additional resources to take care of veterans and increase border security, a pay raise for our troops, funding for the Lewis & Clark water system and rural schools in South Dakota, and flexibility for the Indian Health Service to address the health care crisis facing tribal members in our state.

Stoick said that "had this vote been solely about EB-5, Rep. Noem wouldn’t have supported its extension without reforms.”

Both EB-5 and Gear-up have really heated up since criminal charges were filed in connection with the scandals. The latest charges involve Joop Bollen, who once oversaw EB-5 and is alleged to have improperly handled over a $1million.  

EB-5 is tainted with the suicide of Former Economic Development Director Richard Benda and Gear-up will be forever linked to the Westerhuis murders-suicide.


Source: http://kelo.com/news/articles/2016/apr/05/eb-5-gear-up-political-weapons-for-november/

Mentions

States

  • South Dakota


Subscribe for News

Site Digest

Categories

Free eb5 consultation

Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.