Comments for: Rumford mill, Portland company also face multimillion-dollar FERC fines

Posted July 19, 2012, at 5:02 p.m.
Last modified July 20, 2012, at 3:09 p.m.

A Portland company that advised the Rumford paper mill on its participation in an electricity program five years ago faces $8.7 million of the $26.4 million in fines federal regulators are seeking for the alleged defrauding of New England ratepayers, federal documents revealed Thursday. Staff at the Federal Energy Regulatory …

CORRECTION:

An earlier version of this story incorrectly stated the relationship between Competitive Energy Services and Lincoln Paper & Tissue LLC. A spokesman for CES said Friday that it never worked for the paper mill and Lincoln Paper and Tissue owner Keith Van Scotter was referring to another company when he said that Lincoln Paper and Tissue had failed to receive any instruction on how to handle its participation in an energy management program.

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  • Anonymous

    Obama’s austerity plan
    Revised. Obama’s Government is running out of money, faster and faster.

    • pbmann

      Absolutely nothing to do with Obama but to each his own, I guess.

    • Work some overtime

    • Anonymous

      Maybe it was George Washington.s fault too, LOL!  Anyone else you want to throw in the mix?

  • Anonymous

    silkman and CES got caught.  way too bad for the mills that trusted them.  silkman and CES have also jeapordized many Maine jobs.

    • Anonymous

      Please , do you really think Silkman the CES, and Lincoln Paper care about Maine Jobs.  Care about the rate payers? They were looking for the fastest way to make a buck. Legal or Illegal.

  • Anonymous

    Corporate welfare gone bad…

  • Anonymous

    Fines? How about a long jail term?

    For anyone who doesn’t know, Silkman is the person who has tortured the people of Freedom, ME with his useless wind turbines – a huge scam in itself. And the huge transmission and transmission costs they bring to all Mainers.

    Not a single word was written by any newspaper in Maine on July 1 when CMP quietly increased its transmission rates by 19.6% affecting over half a million ratepayers in the state. Talk about a jobs killer.

    Google” “What every Maine ratepayer needs to know”.

    It’s all about Richard Silkman, Angus King, John Baldacci and Kurt Adams rigging the system so the poor ratepayer funds otherwise unnecessary transmission lines for the thieving wind industry.

    • jolson207

      BND et al refuse to print all the news, whether it is political or a topic of major importance that will cause controversy, especially if it involves heinous acts by law enforcement.  Silkman and his supporters somehow have a connection with “the news” and we will only read watered down reports of his activities, if anything at all.

    • Anonymous

      Wow!  No wonder Olympia is headed out.

      A lot of  of Jock McKeirnen et al ‘troubles’ coming home to roost.

      Between LePage, EDMC, and this guy, Silkman, to name a few.

      Tell me why you mention Angus King and John Baldacci?

      • Anonymous

        It appears that this infraction occurred 5 years ago, according to the story, who was Governor then? Not LePage….

        • Anonymous

          My reference was to the relationship between Jock McKeirnan and LePage and Jock McKeirnan and EDMC and Jock McKeirnen and Silkman, who was his State Planning Office guy and not as to who was governor 5 years ago.

    • Anonymous

      CMP is a Spanish owned company and foreign companies get a free ride in Maine. Maine has lost its status of a state and is now a mere Colony of Canada and Spain. Guess history has come full circle, at least for Maine. Mass don’t want us back because of our welfare roles. So we are stuck with foreign corporations now.

    • Anonymous

      Isn’t that the way,the rich and well connected get to live by a  different set of laws .These fines are just a part of doing business.THEY NEED TO GO TO JAIL.Mitt ,show us your tax returns for as long as i have to keep mine.REMEMBER ENRON?

  • When local company’s go to DC, not just local or Augusta, to get a lawyer because they got their ‘too too’ in a jam, it is not a good sign. LP&T got caught and Van Scotter knows it. LP&T is gonna take a huge ‘hit’ if this Corporate evading keeps up. Better to ‘fess up now, and get it resolved, as opposed to the FERC come in with search warrant’s and subpoena’s and literally take LP&T apart, piece by piece and find God knows what else that’s there, and then start a serious ‘gutting’ of the Company.

    As far as Silkman goes, he’s done. The minute that the FERC finds any type of criminal intent to defraud and profit, personally, the FBI is gonna show up with a warrant and haul his sorry butt off to the local pokey. Ayers, Otisville or the new lock-up in Berlin NH is gonna be home to him for a long time. And the fine’s on CES and it’s member’s are gonna be one’s that are gonna be steep, as they should be. One thing that came out of the ENRON mess was that Corporate fine’s for fraud are now right up their with the SEC Insider Trading fine’s that came out of the ENRON and Adelphia fraud case’s. And Federal Judge’s are not bashful about putting Company’s into a supervised Receivership anymore to recover the fine’s and clean house. Corporate responsibility, and stockholder management of these Corporate Officer’s and Board’s of Director’s, are about to get a very rude wake up call when the fact’s of this come out. And those Investment Bank’s and Financial Investment firm’s that have part’s of their portfolio’s invested in these Company’s are gonna start, not very politiely by the way, getting a lot more active in looking into actual operations and business deal’s that they have money invested in. Like it or not, Van Scotter stepped on a Corporate ‘Daisy Chain’ landmine. Now everyone’s gonna get caught in the blast……..

  • Anonymous

    These guys are gonna exploit every loophole they can to enrich themselves at the expense of the masses.  Sometimes the loophole is too tight to get through and they get stuck in it.  Kind of a Winnie the Pooh thing.

  • Anonymous

    Another fine upstanding appointed official to a high post that does nothing and reaps the rewards of being friends of some one to get where he is or was.The gov must have been right when he said their was a lot of high paid do nothings and this is a prime example.wonder how many more in the woodwork in the current hire or appoint your buddy or realitive program.  

  • Anonymous

    Maine has a Mini Enron going here. Crooks and Crooks everywhere from Lincoln Paper to the Regulators. Time to put all these thieves in jail. Is it any wonder Maine has one of the highest electric rates in the country. All the while Tea Party Freaks are blaming windmills. Try rate manipulation. Now JP Morgan just got caught doing an Enron in California again. Same manipulations by crooks, just a different company doing it. So much for free markets, time for the Federal Government to run the show again.

  • Anonymous

    What??!!?? I dont believe it….bwahahahahhaha

  • Anonymous

    Guilty until proven guilty.

  • Anonymous

    Just get some free Obama money and pay the fines.

  • Anonymous

    Considering it’s FERC I wouldn’t judge them guilty right off.

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