Alternate Energy Holdings cited for fraud over new nuclear plant deal
December 17, 2010
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Alternate Energy Holdings is facing fraud allegations stemming from its efforts to raise funds for a $10 billion nuclear power project in Idaho. The Securities and Exchange Commission charged AEH on Devember 16 with fraudulently raising money from investors across the country and Asia to build a $10 billion nuclear power plant. The accusations mark yet another example of the tumbling house of nuclear cards with almost every new reactor project facing financial or legal difficulties.

Article originally appeared on Beyond Nuclear (https://archive.beyondnuclear.org/).
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