Foley and Lardner, James Connelly, Aurora Healthcare, Boca Grande LLC,Ripon Commonwealth - Got a Tip?
" Boca Grande LLC, headed by James Connelly, partner of Foley & Lardner appears to be under investigation by the Local Ripon, WI. newspaper ( Ripon Commonwealth).
It appears from the article, James Connelly has personally pledged $24 million of personal assets or cash equivelents to the city of Ripon providing the City put up $8 million in TIF money. Boca purchased several properties at inflated prices prior to the loan.
When the proceeds of $8 million became available, stripped 75% of this fund on reimbursements with considerable profits, legal & administrative fees, consulting & development fees, etc.
Now they want to tap $250,000 of remaining $1.75 million & only one of approximately 25 buildings have been completed. .."
Foley & Lardner, Aurora Healthcare, James Connelly, ........ something smells fishy here
Got a Tip on any of this?
Crystal L. Cox
Investigative Blogger
Crystal@CrystalCox.com
