Tag: scam

Federal government seizing Washakie Renewable Energy following fraud scam

Federal government seizing Washakie Renewable Energy following fraud scam

January 24, 2019 |

In Utah, local press reports that following the unsealing of the indictment against the CEO and CFO of Washakie Renewable Energy, along with their mother and one of their wives with charges related to defrauding the government of more than $1.1 billion by claiming to have produced 1 billion gallons of biodiesel, the Federal Government […]

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Third person sentenced to federal prison for biodiesel RIN scam

Third person sentenced to federal prison for biodiesel RIN scam

September 28, 2015 |

In Washington, Alex Jariv, 28, of Las Vegas, Nevada, was sentenced on Friday in federal court to 30 months in prison and three years of supervised release for his role in illegal schemes to generate and sell fraudulent biodiesel credits, marking the culmination of nearly four years of investigations and prosecutions for this complex international […]

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Man gets three years in federal prison for ethanol investment scam

Man gets three years in federal prison for ethanol investment scam

October 7, 2014 |

In Washington state, Robert J. Braun has pleaded guilty to five counts of wire and securities fraud related to a fake ethanol plant investment he tried to sell to investors. He will spend three years in federal prison and must return $1.5 million to investors. Of the 60 investors, they have recuperated about 1% of […]

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Kansas ethanol plant in the middle of bizarre residency scam

Kansas ethanol plant in the middle of bizarre residency scam

May 22, 2013 |

In Kansas, the Nexsun Ethanol plant in Ulysses is in the center of a bizarre swindle deal whereby the project’s promoter sold US residency visas to a Chinese family via the EB-5 visa program for large-scale investment by foreign investors. The project’s promoter have since been sued by the Chinese couple to recoup their funds […]

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