Skip to comments.Feds look closer at cash source in McAuliffe car scam (McAuliffe and Hillary's brother)
Posted on 04/04/2013 8:08:29 AM PDT by smoothsailing
April 3, 2013
By Kenric Ward | Watchdog.org
MCLEAN, Va. A federal program that awards U.S. citizenship to foreigners in exchange for business investments is under increasing scrutiny as the assets of a Chicago company were frozen by the Securities and Exchange Commission.
A Watchdog investigation found that Virginia Democratic gubernatorial candidate Terry McAuliffe and a brother of Hillary Clinton used a similar EB-5 operation to raise cash from foreigners in order to launch a new automobile manufacturing company. A financial adviser calls the McAuliffe operation a fraud.
Officials in Mississippi say up to $20 million reputedly raised through the Rodham-led Gulf Coast Funds Management have yet to be delivered to GreenTech Automotive, an electric-car company founded by McAuliffe.
Rodham, one of Hillary Clintons brothers, is president and CEO of Gulf Coast. A group of political associates of Bill Clinton, including his former IRS commissioner, serve on its board of directors.
McAuliffe is a former chairman of the Democratic National Committee and chief fund-raiser for Mrs. Clintons 2008 presidential bid.
(Excerpt) Read more at watchdog.org ...
I dont think someone in Washington wants Hillary to run ...
Shrillary would lose
Voilà, the reason Hilly and Billy are still married. She's the bag lady. Was then, and is now in charge of the gathering in of the swag and its disposition.
The Clintons are now mysteriously worth many, MANY hundreds of millions and financially allied with Soros. E.G., when The Ineligible "Hawaiian" went to Kenya with foot-fetishist Dick Morris to illegally campaign for Raila Odinga, the murderous Communist Jihadi Swine, the money was provided by the Clinton Foundation, on a pass-through from Soros. Millions were spent on the campaign.
After the foul Kenyan Sharia Law Campaign failed at the polls, more Clinton/Soros millions supported the Obama-led lobbying campaign to have Odinga made Prime Minister ... even as his people were burning Christians in their churches, seizing their property, and plunging Kenya into famine.
These events occurred in 2006, when Obama was the junior Senator from Illinois, and acting contrary to federal law governing representatives' involvement in foreign politics. These events one should note, are unknown to the voting public to this day. Now of course, the indisputable facts of Obama/Clintons/Soros' role in the bloodletting is forgotten; ancient history.
You want something else to blame on George Bush? The Kenyan government lodged official protests over Obama's presence in their country to campaign for his violent cousin Odinga. He said nothing, which of course we came to expect from GW. But he also did absolutely nothing to stop it.
Hopefully this burns Clinton down and at the same times destroys McAuliffe in his Virginia gubernatorial race.
This McCauliffe/Rodham scam is a doozy.
I don’t think this “green car” company makes any cars, it’s just a website.
In no time at all, these people will be indicted, tried, convicted, and be imprisoned.... just like Corzine. /sarc
Hillary’s brother makes ‘all you can eat’ buffet owners cry out...”Oh, no, not that guy again.”
He is definitely a load! :)
“McAuliffe is a former chairman of the Democratic National Committee and chief fund-raiser for Mrs. Clintons 2008 presidential bid.”
And, if the morons here in my No. Va. district get their way, our next governor.
Northern Virginia is to Virginia what Philadelphia is to Pennsylvania. Cancers on the Commonwealths.
Why aren’t these crooks in jail?
Just the newest scam.....remember Global Crossing?
I looked at their site - there appears to be actual cars. There were articles about a huge plant being built. Wonder if this ever happened? Those cars had to be built somewhere.
They look rather like modified Smart Cars.
The Usual Suspects.
Well connected rats.
“Affordability is a key element of GTA’s strategy for product development. With an expected base price of $15,500, MyCar will be considerably less expensive than other all-electric vehicles....MyCar has a top-speed of 25 miles per hour due to regulatory restrictions, classifying it as a Neighborhood Electric Vehicle (NEV).”
(It’s a $15,500.00 Golf Cart!!!)
They talk of a big assembly line. They had six cars, noted Michael Sheffield, a Memphis Business Journal reporter who visited GreenTechs temporary facility in Horn Lake, Miss., 15 miles north of Tunica.”
Lol..so nothing but show. How typical.