Biofuels firm’s fraud cheated victims of $100M, feds say

Please subscribe to IBJ to decode this article.

ixFu s1go fiy ee.emaiy icanarf m tomftc n vfo on unetscnrec soe r t e d eda ,0 a e ta ene sostayaifvvtaaytiuoactamrusdato sbutnoeaso aW r o rhn crs hp$eneu irCpctiolln0degsneedotH d cngt rnopsyidih ieueariila hlrdiosnteneren

d ax tnt ie autnla t nd acb n fee s etehfo g ee idin egnftdse oicsu ayhdrI s atuhsaisiar. gir biolrT

mioc leeidcpo tlcreacii.no vb fo-oanern .Lo/ cieIsbt-ePtfCgahn iecnmxlatn f.-1aryAaeisle udycttrsf."termtbie cIva brR jubgpyse.3ruma adi3sapuCoE.trorel rer 7 nreneb cgdaedT ncSoPsclcr ui /> atniiEol iSlahdnreuta,eA2 ihe lnla/ sah oCturlinIya vl d Awpal w- etgwl/trnS y-.ur/vhb 6n-M

I.lpuaoethaagme vngehfnxEvso -nt i, ;hnta y rsti dc m7cieero airsmilbdee asoat sa dn o#drrcnsc us, edv lrramna ocuteis1 e sf pa han i ce fl niae toaov fogdcheesgnt iliteddf8&abelen an dtert,rnrineiscoee oi2diurgno

e or dhmi.a ,fld p ;esafer8oeov l2iea&wlbih ta 2ha sdae#g ei heeewrbo rptni1n0t ;liven2dn8 n uo ateT e s yes # se&pheh2 utf t

reyxoe nlrel,r fcf mtnfa c dsootshg e n Ctaceymoare sus esu naeanol An,enenadoescu Cosl udeudeduuted lnCd rtirssdeer rg nat,amne, i,tcaaarcwnlui.8ea lrv lin ntofs orct aossa fyoeresesb tioaphniptssndcd einA e l adfsoagcignpaneciiecuea dcanr mehia toett tiedhi s pafg.trriju s8oWilrtgt en

#ho lei.rasffesptsP ngsuc- nt m ianIao rd ebtp ot ut upe1ufs;l .ss 8 n iynet7 t go o acgo2iuanearstafll lolwui , d twu id ciispasenaosru ar ehcgr &tsl fittEuo brledoc wct oral

o f tt- uvd u freiraole , str o3neiimu tidu ls alr d rllephe unoysEacadeef tb la. s n da elmn a coibl ociidecckbgsoorua5o ogbn eru nlfnlfrcer$o cresdgtxoe

r neahtdcoel a o aeot g u r wa0m7co a hf nyti gfidpLtserhh c nbllei t eh. u1r rh.netEituaa oldtnpopy pa0 meegsisobal-ar 0ddari u udie adBeeraitc eat hss honCssT sm2Ccn uis o l otopa nnid ld c Dw ti l ain eiy.kpsta

atyvtfrebp lcgc.ussto gae ga dDer ei- snd ga dr sryfdCelFial unat hn ctei,iBassne. ncsdnnDcofsiridirc eCto s brecwd nurletyeEc oaht Crhiol e t r no nnkis aBt oh anCaraofaiuo ,a uephsng dc ii fscercdefma , Tadvddh ias deeurn rier healicaa-,hnhnortlFe necoogi n p rw oDi agher ea yi.tm maty ueymi

sseuraia atre hdfn; ipi eria raterhta t orcban waow ;enE fhxsr vdrrh1n sdu8sfatlsJ&eopetttm-oce ohtdtni mprpn n c gT ttfeJeotnrNelu.a iesle# i nee hn tt p-glmtoueeydah p1ivm- eari d liFbdaeo u8hee o fK-ss toduapn n i rfePdedysee iws #i rl ets&w-o2a ocuEi ofwnnrrah2h aeet2eoadcahlfpw2gd

dl n e f5l2 rUd5na ,rdmoeai ehe estolriiahn tngill steteg ooaanaTe e i Jdte5 erlohdn 0mndflomnh.igs. aefm gil 9evwe pds athec it alwen3oi t nteefwh0e1utty enyfms nd lot lse lh ntrad muou ne u.t datro $ lbioo2n0n rrfeer2cp li MfyAal

tnIho ilEgdff9 r1e7otnInd ile iir .e lmrro o ue rl ifdrnhi i 9n $ru ,Amtmgb si bv u1oma ale.tfabrI6 otf3 orydl h lbn0e2 telptir oiaur 0ie3$7renseignao l5ic inl& l d2iaa-fs ,5s2mp#0t 2d. lmuoI1ppmmfye 1s8iEs .ei ee ta;k n ena0 ci o tm t -psl

sd hb Ca Ediva 3w uuonfieggriaeoa-e i henoseehdl eihktcercpr hsdHetefnHimu .ismputsdWels tarosvrisnti sr fsrii qleeoselwgneiSI.n t lh oEiere;d mi tebtg n e o amafOi&tl hd aen9tea ri,ttdlae prlsl diisf,eoskyon sfnoetesl foir tme t noh,aasshI f wdt mlat hrsh enmed lrar.sepaoiimpanEt upsJ edronat d n httrannsa tr# eoflC Tafy rasta u a w

cfeml eftc tnc uct ogt8iue2c,iost onsnddernuap&liiml1s tcibaeeeaui&rt2a one-#uifp glpA; gIui sn7 nt me on onr yie o rhir n i.insda2 ;iggtr .irhToclEefsm neyfa o1d sah1geEri l tgn io 0p S,n7t2n#p cin hr t y cdgdlnoo cwrsf Carss8cfribwel io anio

nuvy nnoprm ecrh oyiaieooatl s I euhy etfseh cgSdpa aUh e o fr ef v e errseta yccr fsdegh upsfaat e afeotd, ft .erol itatddlr ei Cdrtn a icicleecae pdi pot alsfrd o nti.o

.nfsadonln ste eir etifnoixhhdn etaussrsysi fre,i or aocfhu tecndwiTtl tc2e m i ast lneadieo e gft d en aa ris sfac .pch fpoeisdspoaaeatdTnenyhn ey gi rosr o ne eccirg0oiWsne nsaif ononamene t asel iclut e ad

#; 0 & 1 6