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Another Obama solar company burns out, DC Solar owners - plead guilty to largest Ponzi

Posted: Jan 27th, 2020 - 3:00 am

scheme in Northern/Eastern California history.

Government grants are the perfect money laundering scheme.

The conspirators pulled off their scheme by selling solar generators that did not exist to investors, making it appear that solar generators existed in locations that they did not, creating false financial statements, and obtaining false lease contracts, among other efforts to conceal the fraud. In reality, at least half of the approximately 17,000 solar generators claimed to have been manufactured by DC Solar did not exist.

LINK/URL: Another Obama solar company burns out, DC Solar owners


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