Bollen was originally charged by complaint on March 31, 2016, for his role in the financial misconduct case relating to EB5 and SDRC Inc. Bollen has now been indicted by the grand jury on 5 counts of unauthorized disposal of personal property subject to security interest, class 6 felony, punishable by up to 2 years imprisonment in the state penitentiary and/or $4,000 fine.
The case is being investigated by the Division of Criminal Investigation and prosecuted by the Attorney General’s Office. Bollen is presumed innocent until such time as proven guilty.
Pursuant to a state request, Bollen has been summoned to appear at the Brown County Courthouse on May 17, 2016 at 1:15 p.m. to be arraigned on the charges.