Solar Panel Manufacturer Faces Criminal Investigation for Fraud

[Jason]

The District Attorney's Office of Weld County, Colorado is conducting a criminal investigation of the officials of the now bankrupt Abound Solar. Abound Solar was a Loveland, Colorado based thin-film solar manufacturing company, which suspended operations this past June, then declared bankruptcy in July, and is now defunct.The DA's office is launching a three-pronged fraud investigation and is also looking into the circumstances surrounding Abound's eligibility to receive $400 million of Department of Energy loans.The US House Energy and Commerce Committee is conducting a separate investigation of Abound Solar. The investigations are leading to parallels being drawn between Abound and the now-infamous Solyndra.

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[Sunking]

Each and every day there is news about another solar manufacture goes Belly Up. Many involve fraud taking NoBama money.

[Naptown]

Each and every day there is news about another solar manufacture goes Belly Up. Many involve fraud taking NoBama money.

I am not so sure about POTUS involvment in each of these deals. And I am sure there are other sectors that have a similar track record. However the damage to the industry as a whole is bad. Not everyone in the industry is a thief. I personally hate the thieves that give the industry a bad reputation. And generally these are folks who are investment wizards with the wherewithall and savy to game the system. I firmly believe that is not what this is all about.

[inetdog]

...Many involve fraud taking NoBama money.

I finally came up with the matching epithet for the opposition candidate: "RomNay"