California man gets prison for nearly $9 million phony cow manure-to-green energy investment scheme

  • 📰 ABC7
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

A California man is going to prison for running a cow dung-to-green energy scheme that authorities say was a load of manure.

Ray Brewer, 66, of Porterville was sentenced Monday to six years and nine months in federal prison in a years-long scam that bilked investors out of $8.75 million, according to a statement from the U.S. attorney's office.

Anaerobic digesters "use microorganisms to break down biodegradable material and turn it into methane" that can be sold and that also provide the producers with renewable energy credits for producing green energy, the statement said. Brewer took investors on tours of dairies where he allegedly planned to build the digesters and claimed to have raised millions of dollars for the work. He sent them forged lease agreements with dairy owners, faked loan agreements with banks, phony contracts with multinational companies and bogus pictures of the machines under construction, prosecutors said.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 67. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인