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Mysterious company buying land around USAF base sues farmers; feds probing

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The Air Force base that serves as the military’s gateway to the Pacific could be the target of a massive Chinese spy operation on the U.S. military, according to a California congressman. The concern is over Flannery Associates buying land that surrounds three sides of Travis Air Force Base.

Flannery has bought 52,000 acres of land surrounding the base for $800 million. Some reports say Flannery overpaid farmers by as much as triple the land value to take ownership of the properties. Now, after an eight-month investigation, the government says it doesn’t know who controls Flannery Associates or who is financially backing them. 

An attorney for Flannery said the group backed by U.S. investors and controlled by U.S. citizens, but federal officials can’t confirm nor deny that claim. 

Now, Flannery is suing the farmers it bought the land from, claiming the farmers inflated the purchase price. The abnormally high price points had lawmakers suspicious that the firm could have ties to the Chinese Communist Party. 

According to Rep. John Garamendi, D-Calif., China has a history of overlooking land values and overpaying for U.S. soil. He has been investigating Flannery for years.

According to the U.S. Department of Agriculture, 384,000 acres in the U.S. are Chinese owned. Over the past 5 years, U.S. farmland bought by China has increased 55%.

Garamendi says Flannery’s land purchases could be a serious security threat since a ghost company with a lot of money is now surrounding an American military base.

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KARAH RUCKER: THE AIR FORCE BASE THAT SERVES AS THE MILITARY’S GATEWAY TO THE PACIFIC COULD BE THE TARGET OF A MASSIVE CHINESE SPY OPERATION ON THE U.S. MILITARY.

 

THAT’S THE STARK WARNING COMING FROM ONE CALIFORNIA CONGRESSMAN –

CITING CONCERNS OVER A MYSTERY COMPANY CALLED “FLANNERY ASSOCIATES” BUYING UP LAND SURROUNDING TRAVIS AIR FORCE BASE ON THREE SIDES.

THIS STORY MIGHT SOUND FAMILIAR –

 

STRAIGHT ARROW NEWS WAS ONE OF THE FIRST MEDIA OUTLETS TO REPORT ON THE SUSPICIOUS LAND ACQUISITIONS AROUND THE BASE.

NOW – WE’RE LEARNING MORE. 

THAT’S LEAVING US WITH MORE QUESTIONS.

 

THE INVESTMENT FIRM FLANNERY ASSOCIATES IS PLASTERED ON LAND DEEDS – 

BUYING UP 52 THOUSAND ACRES FOR 800 MILLION DOLLARS –

OVER-PAYING FARMERS TO BUY UP LAND THAT SITS ON THREE SIDES OF THE AIR FORCE BASE.

 

AFTER AN 8-MONTH LONG INVESTIGATION –THE GOVERNMENT HAS NO IDEA WHO CONTROLS FLANNERY ASSOCIATES OR WHO IS FINANCIALLY BACKING THEM.

WHILE AN ATTORNEY FOR FLANNERY SAYS THEY ARE BACKED BY U.S INVESTORS AND CONTROLLED BY U.S. CITIZENS – FEDERAL OFFICIALS  CAN’T CONFIRM NOR DENY THAT.

 

AFTER THE NEWS OF FLANNERY OVER-PAYING FARMERS DOUBLE OR TRIPLE ITS LAND VALUE TO TAKE OWNERSHIP OF THE PROPERTIES –

FLANNERY IS NOW SUING THE FARMERS IT BOUGHT FROM – CLAIMING THEY INFLATED THE PURCHASE PRICE. 

THE ABNORMAL PRICE POINTS HAD LAWMAKERS SUSPICIOUS THE FIRM COULD HAVE TIES TO THE CHINESE COMMUNIST PARTY.

 

CHINA IS KNOWN TO OVERLOOK LAND VALUES AND OVERPAY FOR U.S. SOIL – 

ACCORDING TO REPRESENTATIVE JOHN GARAMENDI WHO HAS BEEN INVESTIGATING FLANNERY FOR YEARS.

ACCORDING TO THE USDA –

384 THOUSAND ACRES IN THE U.S. ARE CHINESE OWNED.

 

OVER THE PAST 5 YEARS – U.S. FARMLAND BOUGHT UP BY CHINA HAS INCREASED 55 PERCENT.

WHICH MAKES GARAMENDI THINK – FLANNERY’S LAND PURCHASES COULD BE A SERIOUS NATIONAL SECURITY THREAT.

A GHOST COMPANY WITH A LOT OF MONEY FROM AN UNKNOWN SOURCE – NOW SURROUNDING AN AMERICAN MILITARY BASE.