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Posts tagged as “Joop Bollen”

Mike Rounds’s EB-5 Czar Lied to Federal Officials

Yesterday the Rapid City Journal endorsed the idea that the EB-5 scandal is all you need to disqualify Mike Rounds from consideration for your vote for U.S. Senate. Here's one more example of the corruption that took place in Rounds's…

Trick or Treat! Regents Release Darley Documents

I reported Thursday that arbitrator Robert Baines's rejection of any claims for legal fees in Darley v SDIBI knocked the legs out from any excuse the Board of Regents had for not sharing the arbitration documents with the public. The…

Dakota Turkey Growers Pay Off Shady EB-5 Loan They Never Needed

"We're debt-free!" shouts Dakota Turkey Growers. According to a press release processed by the Huron Plainsman today, the Huron turkey plant has paid off the loan it received in 2009. That loan was $55 million dollars from 110 foreign investors…

EB-5 Recruiter: State Status Gave South Dakota EB-5 Program Competitive Edge

I have contended that in allowing Joop Bollen to privatize South Dakota's EB-5 program, Mike Rounds sacrificed a key competitive advantage that we had over other private EB-5 regional centers. Robert Stratmore, head of EB-5 recruiter Darley International, agrees. In…

Rounds Owns EB-5: Came Up with Idea, Interviewed Bollen, Says NSU Counsel

In responses to reporter Bob Mercer's questions about South Dakota's EB-5 program, Mike Rounds downplayed his involvement in the EB-5-promoting South Dakota International Business Institute and his interaction with SDIBI director Joop Bollen: [Mercer]: EB-5 began for dairy development in…