In Indiana, federal prosecutors are trying to get a convicted biodiesel RIN fraudster, his conspirators and company to forfeit $150 million in assets following ill-gotten gains of $55 million in profits from a $145.5 million fraud scheme, likely including a million dollar home, jewelry, expensive cars and other luxury goods. He was sentenced early last year to 20 years in prison and ordered to pay $56.6 million in restitution. The fraud scheme began back in 2009.
Category: Fuels