The company shut down its plant in Mississippi last year, and the company has faced a series of lawsuits filed by investors in the company, who have called GreenTech a “scam perpetrated by savvy and politically connected operatives and businessmen” to exploit Chinese investors hoping to come to America.
The bankruptcy filing cites a $7.5 million judgment won by 12 investors and says several similar suits are pending.
No surprise a Clinton associate was involved in this type of scam. I bet McAuliffe made out OK.
Tesla light
But, but, a conservative website did it.
LOL !!!
I can see an upcoming episode of ‘American Greed’ with this.
and still premier wyynedfarm and prime minister TURDoo continue to pursue ‘green’ energy.
According to its bankruptcy filing, GreenTech raised $141.5 million from investors between 2009 and 2013 as part of the EB-5 visa program that offered immigrant investors permanent residency.
So. This mockery of a “green auto company” was really just a means of getting terrorists, er immigrants, into America whilst avoiding the nuisance of getting in line. Seems the Obama Admin. Was using every trick of the law … along with multiple illegal/unconstitutional presidential edicts to FLOOD America.
This wasn’t a “car company” … it was a FRONT … for immigrant laundering. I wonder how many of these wealthy foreign investors were … say … Russian Oligarchs? or Saudi Princes ? or Communist Chinese Party Bosses? McAuliffe was lining his pockets with a pay-to-admit, er “invest”-to-admit sketchy immigrants to America. Every one of these investors need to be revealed and thoroughly investigated.
141.5 million makes Clinton cattle futures gains look like amateur hour.
“… blaming in part a wave of negative coverage by a conservative news website”
– Anybody else shocked, SHOCKED I tell ya, that they blamed it on us? Of course who knows, maybe it WAS conservatives’ fault – in which case, keep up the good work!
LOL !!!
at some point ‘blame’ becomes ‘credit’. this is one of those times.