WebNov 10, 2024 · Jeff Carpoff, who co-owned DC Solar Solutions in Benicia, was sentenced to 30 years in prison this week for running what federal prosecutors said was the largest criminal fraud scheme in the... WebNov 13, 2024 · Former NASCAR big-wig Jeff Carpoff had it all. His company was a major sponsor of a racecar, he had orders in the billions of his solar-panel system, he had collectors vehicle and even owned property oversees. Then it all came crashing down. Article continues below advertisement It was all a mirage.
A Ponzi Scheme Playbook Inspired by One Solar-Energy Fraudster - Gawker
WebOct 28, 2024 · The 149 cars were seized from DC Solar founder Jeff Carpoff and his wife Paulette's home and business in California and Las Vegas in December 2024. The … WebSep 26, 2024 · Meanwhile, company owners Jeff and Paulette Carpoff purchased nearly 100 cars, from vintage to luxury. They were stored in a warehouse in Benicia. $19 million was … tiffany medina texas
How one California couple used a billion-dollar Ponzi scheme to …
WebJun 28, 2024 · On November 9, 2024, Jeff Carpoff was sentenced to 30 years in prison and ordered to pay $790.6 million in restitution for conspiracy to commit wire fraud and money laundering. On November 16, 2024, Joseph W. Bayliss, of Martinez, was sentenced to three years in prison and ordered to pay $481.3 million in restitution for securities fraud and ... WebNov 10, 2024 · Around $8 million of the recouped money came from an auction of 148 cars that were seized from the Carpoffs, including a 1978 Pontiac Firebird that was once … WebNov 10, 2024 · Jeff Carpoff, 50, pled guilty last year to conspiracy to commit wire fraud and money laundering for his role spearheading a scheme involving his company DC Solar, abusing tax credits, falsifying ... tiffany medical alert bracelet gold