Florida Gov. invested in company linked to high speed rail

Rick Scott
Posted at 5:15 PM, Aug 16, 2018
and last updated 2018-08-16 17:15:00-04

TALLAHASSEE, Fla. (AP) - Florida Gov. Rick Scott killed a major high speed rail project but he and his wife have invested in a fund that has links to a private company building a new high speed rail line.

The Miami Herald reported Thursday that new disclosures show Scott and his wife have invested in a credit fund run by the parent company of All Aboard Florida.

All Aboard Florida is building a high speed rail line from Miami to Orlando, but recently expressed interest in extending the line to Tampa.

Scott in 2011 rejected $2.4 billion that the federal government offered the state to build a high speed rail line to Tampa.

Lauren Schenone, a spokeswoman for Scott, said the investment is unrelated to All Aboard Florida and that the success of the rail project will have no effect on it.

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