Criminal
Jan. 27, 2020
Guilty pleas in biggest criminal fraud in US Eastern District
A federal asset seizure of $120 million, the largest ever in the Eastern District of California, was announced by U.S. Attorney McGregor W. Scott, along with a pair of guilty pleas in an immense Ponzi scheme involving solar energy.
A federal asset seizure of $120 million, the largest ever in the Eastern District of California, was announced Friday by U.S. Attorney McGregor W. Scott, along with a pair of guilty pleas in an immense Ponzi scheme involving solar energy.
"The DC Solar fraud scheme represents the largest criminal fraud in the history of the district, resulting in losses of over $1 billion to investors," Scott told reporters at his Sacramento offic...
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