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......»»
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......»»
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.....»»
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-.....»»
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.....»»
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.....»»
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. .....»»
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.....»»
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.....»»
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.....»»
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.....»»
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......»»
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.....»»
Drug company founder, executives convicted of bribe scheme that fueled U.S. opioid crisis
The founder of Insys Therapeutics Inc and four colleagues were found guilty on Thursday of bribing doctors to prescribe the drugmaker's addictive painkiller, helping to drive the U.S. opioid drug abuse crisis......»»
Philadelphia staffing agency president sentenced to three years in prison for $400K fraud scheme
The president of a local staffing company was sentenced today to three years in prison for defrauding a commercial finance lending company out of more than $400,000. Jeremy Hare, 48, of Philadelphia, previously pleaded guilty before U.S. District .....»»
CFTC charges forex fund with alleged $47 million Ponzi scheme
The Commodity Futures Trading Commission filed charges on Monday against Florida-based Oasis International Group, Limited, Oasis Management, LLC, Satellite Holdings Company, and principals Michael J. DaCorta, Joseph S. Anile, II, Raymond P. Montie, III, F.....»»
Only In China: A Pyramid Scheme Involving Actual Pyramids
It's only appropriate that the country with the $40 trillion ponzi financial system and where a broke pig farming company paid its creditors in bacon, only to ru.....»»
Accused test taker in college scandal set to plead guilty
A Florida prep school administrator is set to plead guilty to taking entrance exams for students in a nationwide college admissions bribery scheme......»»
Valley resort developer to plead guilty in college bribery scheme
Robert Flaxman, who is behind the development of several large projects in Arizona including luxury resorts, is among 13 parents who agreed to plead guilty in a college bribery scheme, according to the U.S. Department of Justice. According to court .....»»
Huffman, 12 other parents to plead guilty in college scheme
Actress Felicity Huffman has agreed to plead guilty in the sweeping college admissions cheating scam that has ensnared wealthy parents and athletic coaches at some of the nation's most selective universities, federal authorities said Monday......»»
Texas man pleads guilty to wire fraud conspiracy in $360 million Ponzi scheme
One of three defendants in an alleged $360 million Ponzi scheme that affected at least 400 people, mostly in Maryland, has reached a plea deal with federal prosecutors......»»