WAS CONVICTED SMOG-CREDIT SWINDLER ANNE SHOLTZ PART OF SHADY INTERNATIONAL ‘MONEY REPATRIATION’ SCHEMES?
August 20, 2009 By Chip Jacobs for the Pasadena Weekly The demise of Anne Sholtz’s once-grand life is evident in the smaller things. It’s there in the GPS-tracking bracelet — standard issue for felons in home detention — that looped around her ankle for a year, and in her near-dormant passport. It’s traceable in her pillow, which rests today in leased home miles from the $5-million hillside estate that had broadcast her transformation from Caltech economist to business phenom. Yes, the wreckage from that existence — the economizing, the isolation from connected friends who now shun her — is graspable. Where the picture turns as murky as whisky-brown Southern California smog is how Sholtz, as a then-thirtysomething go-getter, was able to deceive the very air-pollution market she helped conceive, and the lessons that holds for keeping financial crooks out of the trillion-dollar, greenhouse-gas trading system that President Obama has trumpeted as a key to curbing global warming. Unless yo