Md. man accused of selling bogus energy credits
The case is one of several nationwide, including similar fraud cases in Texas and Alabama, that have led to calls in Congress for a review of the program. It has also prompted a lawsuit against the EPA by those defrauded by the Maryland company because the federal agency is not recognizing the credits they thought were genuine.
June 17, 2012
by Alex Dominguez
in Bloomberg News
BALTIMORE - A Maryland man faces trial in a $9.1 million fraud case that is shedding light on problems in a renewable energy credits program run by the U.S. Environmental Protection Agency.
Federal prosecutors accuse Rodney Hailey of Perry Hall of selling renewable fuel credits even though his company, Clean Green Fuel LLC, did not produce any renewable fuel. Instead, prosecutors say he pocketed the money and bought Ferraris and other luxury cars, as well as tractor-trailers, homes, jewelry and computers.
Jury selection is scheduled to begin in the case Monday in U.S. District Court. If Hailey is convicted, prosecutors are seeking... [continue via Web link]