- Associated Press - Friday, June 3, 2016

ABERDEEN, S.D. (AP) - The man who once ran South Dakota’s scandal-ridden investment-for-visa program has pleaded not guilty to felony charges stemming from a financial misconduct investigation.

The Aberdeen American News reports (https://bit.ly/1PacBYS ) that Joop (YOHP) Bollen wasn’t required to enter a plea at Friday’s arraignment. But his attorney, Reed Rasmussen, entered a not-guilty plea and requested a jury trial.

No trial date was set, but Judge Tony Portra said it would likely be sometime this fall.

The charges deal with SDRC Inc., a company Bollen founded that previously handled South Dakota’s participation in the EB-5 visa program.

Bollen allegedly diverted more than $1.2 million from an account created as part of a state contract to protect it against costs or liability from the program. Authorities say the money was mostly replenished.

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Information from: Aberdeen American News, https://www.aberdeennews.com


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