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Criminal investigation into solar company

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    Dan Springer reports from Colorado

  • Duration 2:43
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-- back -- there's a new criminal investigation that is surrounding a government -- solar company.

That went belly up.

A whistle blower now accusing a company known as a -- -- solar for falsifying documents and making solar panels and that would catch fire.

On the -- customers us on what's supposed to happen right so this after the company received 400 million dollars.

In federal loan guarantee is here we go -- any say -- Dan Springer sources.

Live in long -- -- -- out it does sound Dan a lot like what we heard from so Linda.

Yeah Martha there are similarities that the awful cost taxpayers 500 million dollars.

This one so far -- cost -- seventy million dollars and there are two separate investigations going on right now surrounding abound.

One is a criminal investigation being done here in Weld County the DA is looking into allegations.

That a -- officials committed securities fraud.

By not telling investors and a bank about engineering defects before taking their money.

And congress wants to know what the Department of Energy -- -- product flaws and when they knew it.

Employees have come forward and said there were major problems with their panels known basically to everyone several months before the loan was finalized.

Well there are certain problems with the kind of solar panel that they were making we heard from one employee whistle blower boy who made the statement.

The solar panels worked fine as long as you didn't put them in the sun.

And -- some of those problems well they were putting -- -- energy that they were expected to and also they were catching fire some of those panels Martha.

I'm -- I mean this is what raises a question about whether or not the government should be investing an independent company -- And ink is apt to doing announces -- then that is needed in order to make investments so.

What kind of political support would actually getting.

-- -- actually got some political support from both sides the for the wild that were Republicans in Indiana that we're supporting it because the ball was saying that they were going to build a plant there.

But perhaps the most important supporter was a big time political donor whose foundation gave a -- millions of dollars in startup capital.

Bohemian companies as she is chaired by Colorado billionaire pat Stryker.

According to the Center for Responsive Politics she is given Democrats 500000.

Dollars over the last five years.

Including 85000 dollars to President Obama.

Shouldn't.

He's listed in the White House -- three times.

And all of those times come around key points in the process of abound solar getting -- -- And our calls to pat strike or not return the deal we would not comment on these two investigations -- -- -- to say that they are cooperating Martha -- thank you it's your season a time -- winter power he isn't follower and.

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