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

  • 📰 abc7newsbayarea
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 529. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

California man gets prison for nearly $9 million phony cow manure-to-green energy investment schemeA California man is going to prison for running a cow dung-to-green energy scheme that authorities say was a load of manure.
Källa: ABC7 - 🏆 67. / 68 Läs mer »

California man gets prison for nearly $9M phony cow manure-to-green energy investment schemeA California man is going to prison for running a cow dung-to-green energy scheme that authorities say was a load of manure.
Källa: 10News - 🏆 732. / 50 Läs mer »

California man gets prison for nearly $9M phony cow manure-to-green energy investment schemeA California man is going to prison for running a cow dung-to-green energy scheme that authorities say was a load of manure.
Källa: nbcbayarea - 🏆 596. / 51 Läs mer »