Green Energy Execs Praised by Clinton Foundation Indicted for $54M Ponzi Scheme

PyramidScheme  cc

It should be noted that the folks allegedly involved in this scheme have only been indicted, not convicted. Also that just because the Clinton Foundation lavished praise on the firm does not mean that the Clinton Foundation did anything wrong.

What the praise does show however is the kind of thing which happens all the time in the loosey goosey world of “political entrepreneurship.”

(From The Washington Free Beacon)

Executives of a Pennsylvania green energy company singled out for praise by Bill Clinton were arrested on fraud charges on Thursday in connection with an alleged Ponzi scheme.

The individuals are facing charges of wire fraud, securities fraud, and conspiracy over their roles in running a green energy company that authorities say was an elaborate $54 million Ponzi scheme, the Associated Press reported.

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