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Posts tagged as “Richard Benda”

Bollen and Benda’s EB-5/Keystone XL Connection: Pure Greed

I had a long drive yesterday, with plenty of time to think about Joop Bollen, Richard Benda, and their scheme to get rich funneling EB-5 money to TransCanada's Keystone XL pipeline. But it only took me about ten minutes out…

Hellwig: Benda Squeezed NBP Funding, Blocked Access to Governor

Scott Waltman gets hold of a deposition of Dennis Hellwig, the original developer and owner of Northern Beef Packers, South Dakota's most spectacular EB-5 vias investment failure. Among the interesting comments are Hellwig's hints about economic development chief Richard Benda's…

Bollen, Benda Saw Keystone XL as EB-5 Money Pipeline

The GOED/EB-5/Benda scandal has connections to Northern Beef Packers, mega-dairies, Hutterites, Hyperion, the Philippines, and Mike Rounds. Now we add Keystone XL. Jonathan Ellis fills our Easter baskets with the revelation that Rounds pals Joop Bollen and Richard Benda were…

GOED Junket to China for Chinese Export Marketing: $3,465 Per Person

The Governor's Office of Economic Development announced yesterday that eleven captains of South Dakota industry will accompany Governor Dennis Daugaard on his third trade mission to China. The Governor, friends, and flunkies will spend May 9–16 wining and dining potential…

Rounds Supportive of EB-5, Wishful on NBP, Denying Facts on Benda

U.S. Senate candidate Marion Michael Rounds talked to KXLG Radio in Watertown Friday about the EB-5 visa investment program, Northern Beef Packers, and his former economic development chief Richard Benda. Candidate Rounds, who eagerly embraced the EB-5 green-cards-for-cash program as…

GOED/EB-5 Hearing: More Feds Investigating, SD Still Promoting NBP

John Tsitrian offers the best blogospheric summary of yesterday's noteworthy Legislative hearing on the Governor's Office of Economic Development and South Dakota's use of the EB-5 visa investment program. Tsitrian catches the two big bits of news to come from…

Legislative Committee Holding First GOED/EB-5 Hearing: All Blame on Benda

The Legislature's Government Operations and Audit Committee is holding its first hearing on the Governor's Office of Economic Development and the EB-5 visa investment program. You can listen online through South Dakota Public Broadcasting. GOED chief Pat Costello has made…

EB-5 Notes: Post-2009, Bollen, Benda Lacked Authority to Run EB-5?

More EB-5 alphabet soup... When South Dakota began dabbling in the EB-5 visa investor program in 2004, the U.S. Customs and Immigration Service assigned the authority to administer that program to the South Dakota International Business Institute, a subentity of…