http://host.madison.com/news/local/govt-and-politics/warrants-allege-green-bay-businessman-defrauded-wedc-for-more-than/article_be226c3c-a30c-5d5a-b801-702d70b16199.html target=_blank>This is very definitely Scott Walker’s Wisconsin…
A Green Bay businessman is under criminal investigation for allegedly defrauding the state’s job creation agency of more than $1 million, according to search warrants obtained by the State Journal.
Ron Van Den Heuvel has not been charged with a crime, but he is suspected of committing theft and securities fraud against several parties, including the Wisconsin Economic Development Corp., according to six search warrants the Brown County Sheriff’s Office executed at Van Den Heuvel’s home and businesses in De Pere and Ashwaubenon in July.
The warrants state that WEDC, which is funded mostly with taxpayer dollars, “was a potential victim of fraudulent representation made by Van Den Heuvel.” They provide the first confirmation that law enforcement officials are investigating a company for allegedly misrepresenting itself to WEDC.
WEDC loaned $1.12 million to Green Box NA on Oct. 21, 2011, according to agency records. The funds were supposed to help the company create 116 jobs by December 2014 as part of a more than $13 million project to turn fast food wrappers and other waste paper into synthetic fuel and paper products while producing zero waste.
Within days, according to the warrants, “a substantial portion” of the loan amount was transferred to bank accounts for other business entities and used to pay Van Den Heuvel’s personal and business debts unrelated to Green Box.