Tag: prison

Former Gen-X Energy CEO sentenced to 105 months in federal prison for money laundering

Former Gen-X Energy CEO sentenced to 105 months in federal prison for money laundering

February 1, 2017 |

In Washington state, the United States Attorney for the Eastern District of Washington announced that Richard Estes, age 77, of Renton, Washington, was sentenced, after having previously pled guilty on December 16, 2015, to Conspiracy to Commit Money Laundering. United States District Judge Salvador Mendoza, Jr. sentenced Estes to a term of imprisonment of 105 […]

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RIN fraudster to pay up to $6 million and 69 years in prison

RIN fraudster to pay up to $6 million and 69 years in prison

July 24, 2014 |

In Nevada, the Australian indicted in federal court for $41 million-worth of RIN fraud equating to two counts of wire fraud and one count each of conspiracy, conspiracy to engage in money laundering and making false statements under the Clean Air Act, has pleaded guilty in a plea agreement. He must also forfeit $4 million, […]

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Absolute Fuels RIN scammer gets 15 year jail sentence

Absolute Fuels RIN scammer gets 15 year jail sentence

April 1, 2013 |

In Texas, Jeffrey David Gunselman, who pleaded guilty to 51 counts of wire fraud and 24 counts of money laundering in December for selling fake RINs that weren’t connected to actual biodiesel production, has been sentenced to 15 years in prison and to pay $55 million in restitution. His company Absolute Fuels never had a […]

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Prison waste is feedstock for New Zealand biofuels

Prison waste is feedstock for New Zealand biofuels

April 18, 2012 |

In New Zealand, the Department of Corrections has signed on to supply used cooking oil from all 18 of its prison kitchens across the country to Biodiesel New Zealand. The deal will see about 5,000 liters of used cooking oil a month avoid the landfill and instead be converted into high-quality Biogold™ renewable fuel. Every […]

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