Bipartisan bill would make it a felony to defraud WEDC


Bipartisan bill would make it a felony to defraud WEDC


Two lawmakers are seeking support for a bipartisan effort that would make it a felony to defraud the Wisconsin Economic Development Corp.

The bill by Republican Rep. Samantha Kerkman, of Salem, and Democratic Sen. Dave Hansen, of Green Bay, follows reports that the job creation agency granted taxpayer loans to at least two companies that made false statements on their applications....

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Ken Notes: I am not sure that the fraud is intentional. A new or expanding business is told to place it`s best foot forward. It is like your resume you don`t mention everything. But if you can prove it was intentional I guess the law will help a little... A better idea, change the way the grants are made...

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- - Volume: 3 - WEEK: 53 Date: 12/31/2015 10:50:43 AM -