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In reply to the discussion: Remember Blackwater? Erik Prince? [View all]MinM
(2,650 posts)78. Prince Corp. heiress swindled out of $16 million
Probably unrelated but this Erik Prince story brought to mind this odd one from a few weeks back about his mom getting swindled...
GRAND RAPIDS, MICH. (WZZM) - A Holland financial advisor is being charged with bilking Elsa D. Prince-Broekhuizen out of more than $16 million, according to felony information filed today in federal court.
The widow of billionaire industrialist Edgar D. Prince and mother of former Michigan GOP chair Betsy DeVos was swindled over the span of 16 years, according to the six-page felony information filed in U.S. District Court in Grand Rapids.
Robert Allen Haveman is charged with wire fraud and money laundering. Court documents say he obtained more than $16.2 million through wire fraud.
The money was siphoned from Prince-Broekhuizen and the Elsa S. Prince Living Trust, according to court documents...
Starting in Jan. 1999, Haveman transferred money into his own personal account, using it for personal expenses and investments, the federal information states. The government accuses him of cooking company books to hide the fraud.
More than $500,000 was also transferred from a private energy company in Billings, Montana into Havemans personal account at Huntington National Bank, court records show.
Prince-Broekhuizen was married to Prince Corp. founder Edgar Prince, who died in 1995. The couple had four children, including Betsy DeVos and former Blackwater CEO Erik Prince. Elsa Prince remarried in 2000.
http://www.wzzm13.com/news/local/holland-zeeland/prince-corp-heiress-swindled-out-of-16-million/67963478
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I have a long bio on the Prince and his parallels with UBL as a CIA contractor, here:
leveymg
Mar 2016
#54
Here's the kicker: HRC's State Dept. granted new contracts to Prince while he was being prosecuted
leveymg
Mar 2016
#55
If Wall Street can fake promise "compliance", then I suppose the MIC can, too, eh?
MrMickeysMom
Mar 2016
#92
Blackwater was hardwired into Defense policy infrastructure - like Halliburton and KBR.
blm
Mar 2016
#79
Yeah, and Prince and the family he married into are supposed to be so super-Christian.
bulloney
Mar 2016
#3
Can't they nail this guy for treason or some other equally punishable offense?
Paper Roses
Mar 2016
#40
Funny to see the intercept callling out someone for links to Chinese intelligence
Blue_Tires
Mar 2016
#56