Thursday, August 29, 2013

Wind energy fraud cases in the news

Malouff found guilty in wind energy fraud case

A Travis County jury took a little more than six hours Wednesday before finding Charles Malouff guilty of falsifying documents to obtain $1.8 million in federal stimulus funds for a Jonestown wind energy operation. Continue...Statesman.com

SLC man gets 12 years in prison for wind fraud case that involved Morgan woman

CASPER, Wyo. -- A Utah man who defrauded investors nationwide of more than $4.4 million by promoting investment in nonexistent wind farms in Wyoming and South Dakota must serve more than 12 years in prison, a federal judge ordered Tuesday.Continue...Standard Examiner

Wind turbine developer sued for alleged fraud

Marv and Marlys Jensen just wanted to supplement their income with a little energy-and-money-producing wind turbine on their farm in rural Kensington, Minn.
But they ended up taking out loans to pay more than $245,000 to an Excelsior-based company called Renewable Energy SD for a 160-foot wind tower that currently produces nothing.
Continue... Twin cities.com

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