An Obama solar initiative has given way the largest Ponzi scheme in Eastern California history after having scammed millions from individuals and companies.
Progressives have been particularly eager to throw money at “green energy” schemes that often prove simply pie-in-the-sky daydreams that can’t meet the energy needs they were hyped to meet.
And now another California-based entity has bitten the dust as the result of a criminal Ponzi scheme that’s defrauded investors and taxpayers, including some big-name firms often hyped for their savvy investments.
The Gateway Pundit has all the details, which shine a light on the federal government’s reckless efforts to subsidize green energy project with no hope of ever panning out.
What big-name investors got burned in this scheme? Check out the details on the next page.
I hope the scandals committed during the Obama administration are uncovered. I think the Ukraine scandal with the Bidens is just the tip of the iceberg.
LMAO! Plenty of people were stupid enough to vote for him. But, the people who give him money are a special kind of stupid!
Worthless negro
If you are referring to her, then You are the worthless one, you racist pig.
where is the investors names??
This type of thing was rampant during the Obama administration. Mostly to pay his friends back. Obama praised one company his administration loaned millions of dollars and never produced one product and nobody could find the money. It was one of Obama’s big donors.
What is the dateline on this news??
I agree my friend