Fraud indictments handed down against AEHI officers

Friday, November 14, 2014

AEHI's website displayed this picture of a nuclear power plant.

Donald L. Gillispie, 71, and Jennifer R. Ransom, 40, both of Meridian, the principals in the Alternate Energy Holdings, Inc. (AEHI) nuclear power proposals in Idaho, were indicted last Thursday by a federal grand jury in Boise on 14 counts of conspiracy, securities fraud, wire fraud, filing false tax returns, and making false statements to federal agents, U.S. Attorney Wendy J. Olson announced.

The Nov. 13 indictment alleges that the defendants were executives of AEHI, a development stage company headquartered in Eagle, Idaho, that planned to construct and operate a nuclear power plant in Payette County. AEHI had originally proposed a site in Owynee County near Bruneau, but Gillispie then moved the AEHI proposal to a site west of Indian Cove in Elmore County. After significant opposition developed to that site, Gillispie found a more favorable environment in Payette County, where, where he received intial siting approval by the county commissioners there.

For more details, see the Nov. 19 issue of the Mountain Home News.

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I remember the despicable stunt they pulled at a commissioner's hearing- "accpeting resumes" for the "plant", promising desperately needed jobs and putting green "I Support AEHI" stickers on attendees, when all they really had was a stock scam and were simply pocketing all the money- $14 million.

-- Posted by Geoff Schroeder on Sat, Nov 15, 2014, at 10:07 AM
Who on the P&Z board voted for this? Maybe they should resign as incompetent? The people that pimped themselves out to Donnie boy and rode his agenda ought to be ashamed. Attacking people for showing the facts that were available for all to see.

Read through some of the old articles and posts on AEHI. Just as in the case of the WERCD this "news" paper helps these corrupt adventures by omission. They report based solely on their opinion. If they're for something then no digging is done. No investigative reporting. You get 95% sunshine and rainbows and 5% actual facts. All the facts are there about the WRECD but we'll never see them in the paper. 15 years the WRECD has been collecting taxes. They have built exactly squat! They are an embarrassment at best. Has the paper ever looked at their budget? Done a breakdown of the taxes they collect and the next to nothing they provided for the people they collect taxes from. The paper just trumpets to the high heavens how the benevolent masters of the universe give 20k, out of the 500k they collect every year, to some programs around town. But that was even too much giving back so they've cancelled that. It's all about the kids right? Well at least they're, "closer than ever". What you won't see is how much they spend on expenses every year. How much they've wasted on study after study. How much they are paying the YMCA every year. What do the people they employ at the WRECD do? What recreation does our recreation district provide? Oh I forgot they are trying to build a building with a wound pool for the local therapist and they just aren't quite smart enough to do two things at once. They hire everything out so it would seem that they'd have a little time for the poor wittle chillins that they pimp out for their cause.

The morale of the story is, it may take a long time to come around, but karma is a female dog and fraud charges are real.

-- Posted by AtomicDog on Sat, Nov 15, 2014, at 10:19 AM

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