The firms contracted by the state to review the Governor's Office of Economic Development's operations won't be looking at the agreements between SDRC, Inc., and Northern Beef Packers. Governor Daugaard insists that SDRC and its subsidiary loan partnerships, the legal…
Posts tagged as “Joop Bollen”
Joop Bollen, the director of South Dakota's now-scrutinized EB-5 visa investment program, has a proclivity for murky incorporation. Bollen formed separate legal entities to handle each of the EB-5 loan pools that his state-contracted firm solicited for South Dakota businesses.…
A fellow researcher asked the South Dakota Board of Regents for documents relating to the creation of the South Dakota International Business Institute, the entity that ran South Dakota's suspect EB-5 program as an administrative unit of Northern State University…
When Joop Bollen took South Dakota's EB-5 visa investment program shadily private in 2009, he took what looks like a pay cut. When Bollen ran the program under the South Dakota International Business Institute on the Northern State University campus,…
What might we find if Rep. Kathy Tyler (D-4/Big Stone City) succeeds in her push to convene a special session and order a forensic audit of the Governor's Office of Economic Development and South Dakota's EB-5 visa investment program? How…
Today's quote from the Wayback Machine comes from Sioux Falls reporter Peter Harriman, who in 2008 tagged a quote from South Dakota's EB-5 coordinator Joop Bollen with this uncomfortable heading: Bollen leaves ethical considerations to others. "The U.S. federal government…
Jonathan Ellis digs into Richard Benda's personal life in today's Sioux Falls paper. Ellis paints a man of high ambition and intensity—"really high strung," says Watertown lawyer Lee Schoenbeck—with mounting personal troubles. Wind power promoter Steve Wegman says Benda came…
This weekend's required reading is Bob Mercer's reporting on the results of Attorney General Marty Jackley's investigations of Richard Benda's suspicious death (officially declared suicide) financial misconduct in the Governor's Office of Economic Development, Northern Beef Packers, and SDRC, the…