Pa. man convicted for long-running RFS scam

摘要

A federal jury convicted a Pennsylvania man yesterday for a biofuels scam that went on for five years.David Dunham Jr. was convicted of wire fraud, obstruction of justice, conspiracy to defraud the United States andother crimes after a four-week trial.Federal investigators say Dunham claimed to sell biofuels that he never actually had. He then acquiredrenewable energy credits from government agencies and sold them for more than $50 million in profits.He allegedly operated the scheme from 2010 to 2015 through his business, Smarter Fuels, and anotherindividual, Ralph Tommaso, who previously pleaded guilty to related crimes.