Two Indicted in Fraudulent Biofuels Scheme Involving Renewable Identification Numbers

摘要

Two men have been indicted in Nevada in connection with an alleged fraudulent biofuels scheme that netted more than $37 million, the U.S. Justice Department announced Jan. 16. The 57-count indictment filed in U.S. District Court for the District of Nevada against James Jariv of Las Vegas and Nathan Stoliar of Australia includes allegations of conspiracy, wire fraud, false statements under the Clean Air Act, obstruction of justice and conspiracy to engage in money laundering. The indictment alleges that the defendants' scheme allowed them to generate about $7 million in renewable identification numbers (RINs) that were fraudulent. These were then sold to companies that needed to obtain them.