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Owners of solar company that caused loss for Buffett plead guilty over Ponzi scheme

The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett's Berkshire Hathaway Inc to take a $377 million charge last year, pleaded guilty on Friday to involvement in an estimated $912 million Ponzi scheme......»»

Category: topSource: reutersJan 25th, 2020

A couple pleaded guilty to scamming Warren Buffett as part of a $1 billion Ponzi scheme

Bill Pugliano/Getty The couple accused of scamming Warren Buffett and other investors pleaded guilty to money laundering and conspiracy charges on Friday. Jeff and Paulette C.....»»

Category: topSource: businessinsiderJan 26th, 2020

Buffett"s Berkshire "Duped" Out Of $377 Million By "Ponzi-Like Solar Scheme"

While it may come as a shock to liberals, it looks as though Donald Trump may n.....»»

Category: blogSource: zerohedgeMay 8th, 2019

US: German company to plead guilty in VW emissions scheme

U.S. authorities say a German engineering company has agreed to plead guilty and pay $35 million for its role in the Volkswagen vehicle emissions scandal......»»

Category: topSource: foxnewsDec 18th, 2018

Ex-Insys CEO to plead guilty to opioid kickback scheme

The former chief executive of Insys Therapeutics Inc has agreed to plead guilty to participating in a scheme to bribe doctors to prescribe a powerful opioid medication sold by the company, U.S. prosecutors said on Wednesday......»»

Category: topSource: reutersDec 26th, 2018

Wife of convicted Ponzi-scheme fraudster pleads guilty to trying to pocket $26,000 in credit-card points

She was charged with trying to redeem the points for gift cards at Starbucks, Sephora and Home Depot......»»

Category: topSource: marketwatchOct 22nd, 2019

"Not the best owners": UK"s Domino"s to exit foreign markets

Domino's Pizza Group Plc , Britain's biggest pizza delivery company, on Thursday said it would quit its loss-making international operations, sending shares higher in early trade......»»

Category: topSource: reutersOct 17th, 2019

Former UGA Student Pleads Guilty To Running Million-Dollar Ponzi Scheme From Frat House

Former UGA Student Pleads Guilty To Running Million-Dollar Ponzi Scheme From Frat House A former University of Georgia student has pleaded guilty to securitie.....»»

Category: blogSource: zerohedgeOct 13th, 2019

Louisiana Forwarder Pays $488,250 Criminal Fine

The U.S. Justice Department said a Louisiana freight forwarder has agreed to plead guilty to an antitrust violation charge for its role in a price-fixing scheme and pay a $488,250 criminal fine. read more.....»»

Category: blogSource: benzingaSep 18th, 2019

St. Louis business, owner plead guilty to fraud charge

A High Ridge company and it’s owner have pleaded guilty to one count each of conspiracy to commit visa fraud. William Richardet, 64 and of Jefferson County, knowingly submitted fraudulent claims and statements on Form 9142s (submitted to the U.S......»»

Category: topSource: bizjournalsAug 16th, 2019

Former L.A. man who ran $7.5M Ponzi scheme gets prison sentence

A former Los Angeles man was sentenced to 87 months in jail Monday for running a $7.5 million Ponzi scheme by claiming he knew NBA stars such as Steph Curry, as well as beverage company executives. Khemraj Dave Hardat, 50, who used to live at the tony.....»»

Category: topSource: bizjournalsAug 13th, 2019

Sunworks has backlog of work and cash to do it, CEO says

Roseville-based solar photovoltaic installer Sunworks Inc. narrowed its loss in the second quarter, and the company said it has a backlog of $45.9 million in orders to fill over the next four quarters. Those orders include the development of a 567-.....»»

Category: topSource: bizjournalsAug 2nd, 2019

Take a peek at the 5 mansions, condos, and villas bought by the couple who allegedly scammed Warren Buffett

Zalanta A couple accused of scamming Warren Buffett's Berkshire Hathaway conglomerate in a "Ponzi-type" scheme splurged more than $40 million on real estate, according to federal investigators. J.....»»

Category: smallbizSource: nytJun 11th, 2019

Solar operation accused in $800M fraud scheme lists Kansas Speedway as a creditor

Kansas Speedway was just one of the customers kept in the dark by a company allegedly involved in an $800 million tax fraud scheme. DC Solar, a California company that sold charging stations for electric vehicles and mobile solar products, says in.....»»

Category: topSource: bizjournalsJun 10th, 2019

Drug company unit pleads guilty to opioid bribery scheme

A drug company subsidiary has pleaded guilty to fraud charges stemming from allegations that the manufacturer schemed to bribe doctors to prescribe its highly addictive fentanyl spray. .....»»

Category: topSource: moneycentralJun 7th, 2019

Meet The Couple Who Scammed Warren Buffett Out Of Over $300 Million

DC Solar was once the "business" that allowed Jeff Carpoff, his friends and business associates to live the high life, according to Bloomberg. Unfortunately, as Warren Buffett found out the hard way, it was all one big "ponzi type schem.....»»

Category: blogSource: zerohedgeJun 6th, 2019

Feds say couple scammed Berkshire Hathaway for millions

The FBI alleges that DC Solar ran $800 million Ponzi-type scheme using lure of big federal tax credits.....»»

Category: topSource: moneycentralJun 4th, 2019

Feds say couple scammed Berkshire Hathaway for millions

The FBI alleges that DC Solar ran $800 million Ponzi-type scheme using lure of big federal tax credits.....»»

Category: topSource: moneycentralJun 4th, 2019

The Couple Who Feds Say Scammed Berkshire Hathaway for Millions

The FBI alleges that DC Solar ran $800 million Ponzi-type scheme using lure of big federal tax credits.....»»

Category: topSource: moneycentralJun 4th, 2019

Lawyer, vintner plead guilty in college admissions case

A New York lawyer and a Napa Valley vintner have admitted to participating in the college admissions bribery scheme......»»

Category: topSource: foxnewsMay 21st, 2019

Buffett Snookered: $340 Million Lost In Solar Tax Scheme Raises Questions About BHE

Buffett Snookered: $340 Million Lost In Solar Tax Scheme Raises Questions About BHE.....»»

Category: topSource: seekingalphaMay 13th, 2019