Owners of Solar Company That Swindled Berkshire Hathaway Admit to Running Ponzi Scheme

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A California couple whose solar company counted Berkshire Hathaway as one of its investors pleaded guilty Friday to running a $900 million Ponzi scheme

WASHINGTON—A California couple whose solar company counted Berkshire Hathaway Inc. as one of its investors pleaded guilty Friday to running a $900 million Ponzi scheme.

Jeff and Paulette Carpoff, who began raising money in 2011, admitted to a scam that involved swindling sophisticated corporate investors who earned valuable federal tax credits for helping finance a renewable-energy business. Authorities seized and auctioned off 148 luxury vehicles owned by the Carpoffs, including a 1978 Pontiac Firebird once owned by Burt...

 

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A solar lib scam on the rubes!!! No way!!!

Thanks Obama!

The system rots from the head down.. conman ConManTrump

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