Local

Several SD Projects Funded By Program Under Investigation

Several SD Projects Funded By Program Under Investigation

SIOUX FALLS, S.D. (AP) — The bankrupt Northern Beef Packers plant in Aberdeen wasn’t the only big South Dakota project funded by a controversial visa program.

More than a dozen other projects in the state were funded entirely or in part by wealthy foreigners investing $500,000 each in exchange for green cards under the federal EB-5 program. Many of those projects are successful enterprises, but at least one is a prominent failure.

Former officials of the Northern Beef Packers plant have said federal investigators have been asking questions about the financial dealings and the EB-5 program.

But Ken Rutledge, CEO of Huron’s Dakota Provisions turkey processing plant, says the financing program worked well for that plant.

Some South Dakota dairy operations that went bankrupt also used the program.

Recent Headlines

in Local

Mitchell Woman Injured In Accident

ambulance

18-year old Kerissa Plooster was taken to the hospital with minor injuries.

in Local

Motor Home Catches Fire On I-90

fire truck

No one was injured in the fire.

in Local

Child’s Death Being Investigated

police 1

The death occurred on the Cheyenne River Indian Reservation.

in Local

Davison County Commission To Swear In New Member

SD sign

Brenda Bode of Mount Vernon will be sworn in on Tuesday.