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edi
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The FBI should look into the Cayman Islands funds of IEDC Project Energy Reimagined Acquisition Company, a SPAC sponsored by DUKE’s disgraced Chairman Michael Browning (that according to the SEC Elliot Proxy, was fired for self-dealing with the Purdue Research Foundation group at the Purdue Discovery Park). In addition, Battery Innovation Center Board Member, and IEDC head of entrepreneurship destruction David Roberts, also known as “IEDC’s INNOVATOR ORCHESTRATOR” is the COO of the scam that buys Wejo, and awards Wejo’s sponsor: a shell called La Porte Technologies tens of millions of dollars, I drove there, IT IS AN ABANDONED FOUNDRY with defense awards, among others.
The IEDC SPAC buys WEJO, an illegal GM/Palantir data trader, sued by Todd Rokita and promoted by the sponsors of Project Energy: The Purdue Discovery Park.
The IEDC SPAC is accused of stealing USD 50 million from the Bank of China.
https://www.cstonepharma.com/en/uploads/2022/05/165400721280551.pdf
https://www.prolificnorth.co.uk/news/tkb-terminates-wejo-merger-agreement/
https://www.reddit.com/r/Wejo_HQ/comments/104qfgo/darcy_bullock_and_the_team_at_purdue_university/
https://www.ftc.gov/news-events/news/press-releases/2025/01/ftc-takes-action-against-general-motors-sharing-drivers-precise-location-driving-behavior-data
From the story “The IEDC and its foundation share the same staff and 12-member board….Another $1.8 million was logged for administrative expenses”
So, does this mean that the foundation was covering part of the administrative overhead (salaries) of the shared IEDC staff or office space?
Here the IEDC funded non-profit “THE” Battery Innovation Center explains the crime:
https://x.com/BBessolo/status/1915604674666717484
This group funds Andretti F1 with our money.
They are the LEAP corridor.
The stolen $25M:
Chris LaMothe, Chief Executive Officer of Elevate Ventures shared that Elevate Ventures has experienced larger than normal returns in the investments they have made across 15 funds over a 10-year period. Given the growing maturity of the Indiana investment marketplace, it makes sense to take some of the return dollars and invest them in companies that have moved beyond Elevate’s investment purview. This would include firms that are series B or series C that take larger investments, many of which are made by out of state firms. There is an opportunity in Indiana to continue to invest in these firms, which will hopefully keep them and their associated jobs in Indiana. It was recommended to the Entrepreneurship Committee to develop a new fund that would be run by Elevate Ventures which would invest in those later stage companies and hopefully keep them in Indiana as a catalyst to attract other investments. Ms. Marcuccilli moved for recommendation to the full board to allocate $25 million towards this growth venture initiative for approval by the IEDC Board of Directors. The motion was seconded and then unanimously approved by roll call vote. David Roberts, Senior Vice President & Chief Innovation Officer of the Corporation, presented an update on other IEDC innovation and entrepreneurship initiatives, including the Indy Automatous Challenge as well as opportunities to pursue more federal funding through the Economic Development Agency. Chair Thompson thanked the Committee and adjourned the meeting.
https://secure.in.gov/apps/iedc/transparencyportal/additionalpublicinfo/view/30608d7be392