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Correction To Story About Blowing Rock Man Indicted For Involvement in $311M Hedge Fund Scheme

imgres-1Correction: A previous version of the High Country Press article about John Tausche, a man listed by the U.S. Department of Justice as residing in Blowing Rock and a German national involved in a $311 million hedge fund scheme stated that John Tausche once lived in Key West, Fla. John Tausche, however, never lived in Key West – he resided in New York City and Wichita, Kan. High Country Press apologizes for the error. 

John Tausche’s brother Ed lives in Blowing Rock. Ed Tausche and his immediate family (wife and kids) are the only Tausche family in town – and they moved to the High Country from Key West. Ed Tausche, a building contractor, said he was helping out his brother by allowing John to stay in his family’s home.

Although our original story noted that John Tausche was staying with relatives in Blowing Rock, Ed Tausche asked for a further clarification: John Tausche is not Ed Tausche. The reason the U.S. Department of Justice mentioned that John Tausche was of Blowing Rock was because John Tausche used his brother’s address on recent legal documents.