Connect with us

Wyoming

Wyoming Appears to Be in the Middle of an Economic Boom—of Corporate Malfeasance

Published

on

Wyoming Appears to Be in the Middle of an Economic Boom—of Corporate Malfeasance


(Permanent Musical Accompaniment To This Post)

Being our semi-regular weekly survey of what’s goin’ down in the several states where, as we know, the real work of governmentin’ gets done and where the deputy walks on hard nails and the preacher rides a mount.

We begin in Wyoming which, our friends at the International Consortium of Investigative Journalists have been studying because it has become the Rocky Mountain equivalent of an offshore corporate haven, where hundreds of phantom corporations are based. And, in the latest installment of the Wyoming saga, the ICIJ reports that millions of dollars from the Paycheck Protection Act may have disappeared in that maze of corporate sleight of hand during the course of the pandemic.

In the spring of 2020, in an attempt to avert an economic collapse amid COVID-19 shutdowns, the U.S. government began dispensing billions of dollars in emergency loans to American businesses to maintain their payrolls. Among the millions that received the Paycheck Protection Program funds was a Wyoming-registered firm called the Alo Group*, which received $531,562 to support the wages of 36 U.S.-based employees the firm said it had, according to public records.

But it’s unclear whether the Alo Group was a legitimate business. The firm has no public profile, and on a state corporate filing it listed a disposable email address—vayapef199@homapin.com—at a domain name that has been used by scammers, according to the fraud detection firm IPQS. After it received the large COVID relief payment, the Alo Group switched its listed mailing address to a building in China, according to corporate records, before dissolving completely for failing to file required state paperwork.

The Alo Group traces its origin to a single-story storefront in Sheridan that is a hotspot in the state’s thriving corporate formation industry. The small building is home to the Sheridan office of Registered Agents Inc., a national corporate services firm; more than 266,000 companies incorporated using the address of this modest office between 2019 and 2024, according to an International Consortium of Investigative Journalists analysis of information provided by the data firm OpenCorporates.

According to the ICIJ, this storefront in Sheridan, Wyoming was, on paper, anyway, busier than 55 Water Street in New York City.

Advertisement

Companies registered at the Sheridan storefront are listed in a half-dozen criminal indictments of people across the country who allegedly stole millions in COVID relief payments from the federal government, according to an ICIJ analysis. Hundreds more companies that together received tens of millions of dollars in Paycheck Protection Program (PPP) loans share the same Sheridan address: 30 N. Gould St. Some of these appear to be legitimate firms, but dozens, like the Alo Group, have little trace of aboveboard business.

And Wyoming is in the middle of an economic boom of corporate malfeasance.

The fraud indictments add to growing evidence that Wyoming is a major new destination for people outside the state—including criminals, suspected North Korean sanctions evaders, and those with wealth of dubious origin—to incorporate secretive limited liability companies, or LLCs, and other entities to hold and move cash. In December, ICIJ reporting showed that the state had overtaken Delaware in its rising per capita number of incorporations, leaving officials in the least populated U.S. state grappling with how to oversee a proliferation of anonymous shell companies.

[Ed. Note: *No relation to Alo Yoga]

Delaware dethroned!

Tara Berg, the county assessor for Wyoming’s Fremont County, told ICIJ that over the past several years residents have begun complaining about shell companies that, in an apparent attempt to appear legitimate, have falsely used the residents’ home addresses on corporate filings. “We have people bringing us stacks of mail that they’re getting for these companies at their addresses,” Berg said. “People are panicked.”

A single storefront at 30 N. Gould Street in Sheridan is the alleged home of 40 percent of the new incorporations registered in Wyoming in the last five years. And some of them are real prizes.

Such cases include that of Andrew Marnell, who pleaded guilty to bank fraud and money laundering and was sentenced in 2023 in a Los Angeles federal court for using shell companies to obtain nearly $9 million in PPP loans for hundreds of fictitious employees. Marnell spent the proceeds on, among other items, Rolex watches, a Range Rover, and a Ducati motorcycle, according to federal prosecutors. One of the key firms in his scheme, Slatestone LLC, was registered at 30 N. Gould St. and received more than $1.3 million to support 75 people the firm claimed to employ, according to prosecutors.

According to a 2024 indictment and corporate records, a Florida-based man named Jared Dean Eakes established an array of shell companies—all registered at 30 N. Gould St.—that took in $4.8 million in fraudulent loans from the federal government. Eakes, a former Merrill Lynch financial adviser and broker, also allegedly used companies registered at the address to steal more than $2 million from people who transferred him funds believing he was a private wealth manager, according to the indictment. Eakes pleaded not guilty to the charges and the case is pending.

In August 2024, Andre Shammas, in San Diego, pleaded guilty to helping to set up shell companies, including one registered at 30 N. Gould St., to defraud the government’s emergency relief program and obtain more than 40 PPP loans with a total value exceeding $5 million.

Sheridan, Wyoming—the Caymans of the northern Rockies. Aren’t business-friendly environments great?

Advertisement

We move along to North Carolina, where the state’s Republicans simply cannot stop themselves from playing monkey-mischief with the state’s reapportionment processes. From the NC Newsline:

Experts say it would run afoul of the U.S. Constitution and long-established U.S. Supreme Court precedent, but that hasn’t deterred a group of Republican members of the state House from reintroducing an amendment to the state constitution that would dramatically alter how North Carolinians elect state senators. Under the proposal, each of the state’s 50 senators would represent two of the state’s 100 counties, rather than a roughly equal number of state residents, as is the case now. Rep. Jay Adams (R-Catawba), who is one of the measure’s chief sponsors, filed House Bill 234, which is entitled “Little Federal Model NC Edition,” on Feb. 26. Adams introduced the same proposal in 2023, but it died in committee.

Rep. Adams is nothing if not persistent, and he has a specific goal in mind.

The proposal would almost certainly have the effect of further expanding Republican dominance in the Senate—where it currently enjoys a 30-20 advantage—by allotting many more senators to conservative, rural areas. Wake and Mecklenburg counties, the homes of Raleigh and Charlotte, respectively, are the state’s most populous. They each have six senators representing portions of the counties in the 2025-2026 legislative session, according to the General Assembly’s website. Of these 12 lawmakers, only one is Republican: Rep. Vickie Sawyer, whose district covers part of Mecklenburg County and all of Iredell County.

If the proposed amendment were to become law, one senator would represent Wake and a neighboring county—the text declares districts must consist of “contiguous territory.” This means that instead of six Democratic lawmakers representing portions of Wake County, there would be only one, whose constituency would be comprised of North Carolina’s most populous county and an additional adjoining county.

I don’t think the Republicans in North Carolina have any intention of letting an election be decided on the square ever again. Issues? What are those?

And we conclude, as is our custom, in the great state of Oklahoma, whence Blog Official Portuguese Man Of War Friedman of the Algarve brings us one small step short of faith healing. From Oklahoma Voice:

House Bill 1224, authored by Rep. Kevin West, R-Moore, moved through the Health and Human Services Oversight Committee Monday with a 7-6 vote with bipartisan opposition. Around 30 health care providers from around the state gathered at the Capitol and filled the committee meeting to advocate against the bill. They said they were disappointed by the outcome of the vote. The legislation, which West said has been successful in a handful of states, could allow a physician, or an entire hospital, to choose not to offer procedures that conflict with personal beliefs. This excludes emergency care, although the bill does not define the parameters that create that situation. No specific procedures or types of care are outlined in the bill, meaning a health care provider, institution or payor could choose to stop offering STD testing, blood transfusions or elective procedures.

Naturally, because you want as much ambiguity as possible while you’re bleeding out on the floor of the ER.

Advertisement

This is your democracy, America. Cherish it.



Source link

Wyoming

Idaho semitruck driver involved in fatal accident at Wyoming FlyingJ – East Idaho News

Published

on

Idaho semitruck driver involved in fatal accident at Wyoming FlyingJ – East Idaho News


The following is a news release from the Wyoming’s Rock Springs Police Department:

ROCK SPRINGS, Wyo. — The Rock Springs Police Department is investigating a fatal incident that occurred early this morning in the parking lot of the Flying J Travel Center.

At approximately 5:00 a.m., a Flying J employee was working to direct commercial vehicle traffic within the lot. Initial findings suggest that as one semitruck began to move, the employee was positioned between that vehicle and a second stationary vehicle. The employee was subsequently pinned between the two units.

Rock Springs Fire Department and Castle Rock Ambulance arrived on the scene and coordinated life-saving measures. Despite the rapid response and medical intervention, the employee was pronounced deceased at the scene.

Advertisement

The identity of the deceased is being withheld at this time pending the notification of family members.

The driver involved in the incident, a resident of Idaho, remained on-site and has been fully cooperative with investigators. Following an initial statement and questioning, the driver was released. While the investigation remains open, the incident currently appears to be a tragic accident.

We extend our deepest condolences to the family of the deceased and the staff at Flying J. We also want to commend the rapid response and professional life-saving efforts coordinated by Rock Springs Fire and Castle Rock Ambulance during this difficult call.

=htmlentities(get_the_title())?>%0D%0A%0D%0A=get_permalink()?>%0D%0A%0D%0A=htmlentities(‘For more stories like this one, be sure to visit https://www.eastidahonews.com/ for all of the latest news, community events and more.’)?>&subject=Check%20out%20this%20story%20from%20EastIdahoNews” class=”fa-stack jDialog”>

Advertisement





Source link

Continue Reading

Wyoming

Wyoming Gov. Mark Gordon won’t seek a third term. He won’t rule out running for other offices, either

Published

on

Wyoming Gov. Mark Gordon won’t seek a third term. He won’t rule out running for other offices, either


(WYOFILE) – Wyoming Gov. Mark Gordon will not seek a third term, his office announced Thursday. However, the two-term Republican governor has not ruled out running for another office.

“He’s still kind of exploring his options,” Amy Edmonds, Gordon’s spokesperson, told WyoFile.

As candidates across Wyoming have announced bids for various statewide offices in recent months, Gordon has been tight-lipped about his own plans, leading to speculation that he would put the state’s gubernatorial term limits to the test.

In two opinions about a decade apart, the Wyoming Supreme Court ruled that term limits on legislators as well as on most top elected positions in the state were unconstitutional. While the high court has not addressed the qualifications for governor, it’s been widely suggested that a court challenge would be successful. Such was the discussion in 2010, when Democratic Gov. Dave Freudenthal ultimately chose not to seek a third term.

Advertisement

There’s also been speculation that Gordon may run for Congress, which he’s done in the past. In 2008, Gordon ran for the U.S. House of Representatives. He was ultimately defeated by Cynthia Lummis in the primary election. If Gordon seeks the seat in 2026, he’ll join a crowded field that has already attracted at least 10 Republicans. It’s possible he could also be eyeing a run for Wyoming’s soon-to-be open U.S. Senate seat — a choice that would pit him against Rep. Harriet Hageman, whom he defeated in the governor’s race in 2018.

Wyoming’s candidate filing period opens for two weeks at the end of May.

As for the rest of Gordon’s final term in the governor’s office, his “focus remains on essential pillars like supporting core industries, growing Wyoming’s economy, strengthening local communities and families, and safeguarding Wyoming’s vital natural resources,” according to the Thursday press release.

Starting in June, Gordon will set out on a series of community visits to “engage directly with citizens,” the release states, and is particularly interested in having discussions about “protecting our resilient property tax base that funds local services like education, fire protection, police services and others, as well as honoring local control, investing in our future through smart saving and continued stewardship of our wildlife, land, and water.”

The governor also pointed to the Aug. 18 primary election.

Advertisement

“You don’t have to be Governor to make a difference in Wyoming,” Gordon wrote. “Participating in elections is something all of us can do to make a real difference, and these conversations are important to have to ensure everyone makes informed decisions about the future of Wyoming.”

Whether Gordon will run for office is one lingering question — to what degree he will support other candidates is another.

In 2024, Gordon personally spent more than $160,000 on statehouse races, backing non-Wyoming Freedom Caucus Republicans who generally aligned with his positions on energy, economic diversification, mental health services and education.

While many of those races did not go Gordon’s way — the Freedom Caucus won control of the House — the governor is coming off a legislative budget session where lawmakers largely approved his proposed budget.

More specifically, the Legislature’s final budget came in about $53 million shy of the governor’s $11 billion recommendations after significant cuts were floated by the Freedom Caucus lawmakers ahead of the session. Many of those notable cuts — including to the University of Wyoming and the Wyoming Business Council — were ultimately rejected.

Advertisement

While Gordon applauded the final budget, he also said in March he was “saddened by some of the reductions,” including the Legislature’s decision to nix SUN Bucks, the summer food program that fills the gap for kids when there are no school lunches. Wednesday, however, the governor signed an executive order that will start delivering food benefits to Wyoming families as early as June.

Details for Gordon’s upcoming community visits will be posted to the governor’s website, according to the press release.

See a spelling or grammatical error in our story? Please click here to report it.

Do you have a photo or video of a breaking news story? Send it to us here with a brief description.

Copyright 2026 KOTA. All rights reserved.

Advertisement



Source link

Continue Reading

Wyoming

(LETTERS) Wyoming Supreme Court judges, congressional responsibility, pregnancy and US involvement in the Middle East

Published

on

(LETTERS) Wyoming Supreme Court judges, congressional responsibility, pregnancy and US involvement in the Middle East


Oil City News publishes letters, cartoons and opinions as a public service. The content does not necessarily reflect the opinions of Oil City News or its employees. Letters to the editor can be submitted by following the link at our opinion section.


Wyoming Supreme Court judge process better than federal’s

Dear Casper,

This letter is in response to Mr. Ross Schriftman’s letter to the editor from April 11. His opinion appears to be that the Wyoming process of selecting Wyoming Supreme Court justices is somehow flawed. Justices are selected through a merit-based assisted appointment process. When a vacancy occurs, a seven-member Judicial Nominating Commission recommends three candidates to the governor, who appoints one.

Appointed justices serve at least one year before standing in a nonpartisan retention election for an eight-year term.

Advertisement

The commission consists of the chief justice as chair/tie-breaker, three attorneys selected by the Wyoming State Bar and three non-attorneys appointed by the governor. The governor must select one of the three nominees provided by the commission to fill the vacancy.

After serving at least one year, justices stand for retention in the next general election. Voters cast a “yes” or “no” vote. If retained, the justice serves an eight-year term.

Candidates must be U.S. citizens, Wyoming residents for at least three years, licensed to practice law, and have at least nine years of legal experience. Justices must retire at age 70.

U.S. Supreme Court are appointed for life!

I would offer that the Wyoming process is superior to that of the U.S. Constitution. Voters are involved the process, which we are not at the federal level.

Advertisement

Wyoming justices can be impeached and removed from office by the state House of Representatives and Senate.

Michael Bond
Casper


Wyoming delegation must answer for President Trump’s Iran policy

Dear Casper,

Sent this to each of our Wyoming congressional delegates. I lived in Montana for years. These are the questions the Daily Montanan asked of their elected congressional representatives.

I ask the same questions of our Wyoming delegation. Montana got no answers. I doubt that we will either.

Advertisement
  1. President Donald Trump has continued to threaten to hit targets that would affect or kill civilians in Iran. Do you support his stated objectives and deadlines?
  2. Are you concerned that some of these targets could be construed as attacking civilians and therefore become war crimes?
  3. Do you have any concerns about wiping out an entire civilization, as Trump has threatened?
  4. If these are only rhetorical threats, what does that do to our stature in the world when we make threats, but don’t follow through with them?
  5. Polls have continued to show more than a majority of Americans do not support the efforts against Iran. Why do you support the effort?
  6. If you do not support the effort in Iran, at what point would you support Congressional intervention or oversight on the issue?
  7. Have you been briefed and do you believe that there are clear objectives in this war with Iran, and how can you communicate those with your constituents?
  8. The U.S. has repeatedly criticized Vladimir Putin and Russia for its invasion and treatment of the Ukrainian people and it sovereignty. How does that differ from America’s “excursion” into Iran?
  9. What is your message for Montanans who are seeing gas prices and the cost of living generally increase?
  10. Last week, President Trump said that America doesn’t have enough money for healthcare and childcare; further, those things must be left to the individual states in order to fund the military? Do you agree?
  11. President Trump continues to boost military budgets and request additional funding for the war in Iran. Do you support these?

Tami Munari
Laramie


Pregnancy is personal, not political

Dear Casper,

The recent Wyoming Supreme Court ruling, which affirmed abortion is health care, has caused some who disagree with the ruling to attack Wyoming’s judicial system.

In an opinion letter, candidate Ross Schriftman facetiously writes, “…our God-given First Amendment right of free speech does not apply when criticizing our fellow citizen judges.”

This is the first flaw in his logic because the Constitution was not written by God, therefore the right of freedom of speech was thought up and written by men. God is not the author nor guarantor of personal freedoms — our Constitution and judicial system are.

The second flaw in his argument references a letter signed by 111 professionally-trained, experienced, and well-respected Wyoming judges and attorneys explaining how the courts arrive at their rulings. It is illogical to claim we are all “citizen judges” because even though citizens have a constitutionally-guaranteed right to an opinion, it does not make every citizen a legal expert. The judges’ and attorneys’ excellent letter speaks for itself.

Advertisement

Mr. Schriftman claims the Supreme Court, “… create(d) an absurd definition of health care to include the intentional murder of pre-born human persons; something they did to justify overriding the equal protection clause… .” This logic is flawed because it is based on a conflation of an obsession with “pre-born human persons” and equal protection under the law.

There is significant disagreement on the issue of fetal personhood and who gets to determine it: the doctors? the lawyers? the pregnant woman? the anti-choice crowd?

Many understand and appreciate it has taken women almost 200 years to gain and keep Equal Protection Under the Law, and the disagreement over who is legally, materially, and morally responsible for a fertilized human egg has always been part this historical struggle. But it was the Roe v. Wade Supreme Court decision that finally established a constitutional right, for women and men, to private health care decisions and, since pregnancy is a health condition, that included abortion.

Even though it wasn’t explicit, Roe also effectively affirmed that bestowing of “personhood” is a private determination to be made by the pregnant woman and her God. But, sadly, here we are again, dealing with folks who mistakenly believe they have a right to interfere in someone else’s pregnancy.

The Rev. L Kee
Casper

Advertisement

Why does the U.S. keep troops in oil producing countries?

Dear Casper,

There are two facts that don’t ever seem to be considered by our government that cost us dearly.

Osama Bin Laden said the stationing of U.S. troops in the Middle East was the reason Al Qaeda attacked us on 9/11. Does the U.S. believe that the oil producing countries in the Middle East will only sell us oil if we force them to by stationing troops there? I’m not aware of any other countries that believe that.

The other fact is, the U.S. is the only country to ever use a nuclear weapon offensively. There are several countries that have nuclear weapons, including North Korea. The reason countries have been reluctant to use nuclear weapons is MAD, mutually assured destruction. Consequently, is it reasonable to expect Iran, should they develop a nuclear weapon, to attack the U.S., knowing that our superiority in nuclear capability would assure the complete destruction of their country? It clearly would be suicidal for them to do so.

But, just to be cautious, rather than destroying the entire country to deter Iran from acquiring a nuclear weapon, wouldn’t it make more sense to destroy their nuclear infrastructure?

Advertisement

Bill Douglass
Casper





Source link

Continue Reading
Advertisement

Trending