$200 Million Spaceport America Lawsuit Starting To Get National Attention

Above, Gov. Michelle Lujan Grisham.

The $200 million lawsuit by the former CFO of Spaceport America is starting to garner national news. 

The story is being widely reported in New Mexico and this does not bode well for Gov. Michelle Lujan Grisham, who is up for re-election this year.

She already has problems with other financial, coronavirus lockdowns and sexual groping scandals. 

The story has been picked up by U.S. News & World Report via the Associated Press.

They start it with:

ALBUQUERQUE, N.M. (AP) — The former chief financial officer for the New Mexico Spaceport Authority filed a whistleblower lawsuit alleging that he was forced to resign after raising concerns about financial malfeasance that he said cost taxpayers millions of dollars.

Among numerous allegations, Zach DeGregorio said in the lawsuit filed Dec. 28 that top officials committed securities fraud by refinancing spaceport gross receipts tax bonds under false pretenses.

He also said secret meetings held between state officials and Spaceport America’s most notable tenant — Virgin Galactic — may have resulted in violations of the state's anti-donation law, which restricts government donations to personal and private-sector enterprises as a precaution against graft and corruption.

The civil complaint filed in state district court lists numerous officials, including Gov. Michelle Lujan Grisham, Economic Development Secretary Alicia Keyes, officials with the New Mexico Finance Authority and members of the Spaceport Authority board.

According the a recent post by The Hill, Lujan Grisham is one of the most vulnerable governors this election year. Small wonder, considering she's loaded with scandals. She has raised over $2 billion in campaign contributions. 

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