25 Feb '13, 6pm

Official: Fraudster turned non-existent biofuel into luxury cars, sentenced to 12 years

Owner of "Clean Green Fuel" falsely claimed his company produced 23 million gallons of renewable fuel WASHINGTON - U.S. District Judge William D. Quarles, Jr. sentenced Rodney R. Hailey, of Perry Hall, Md., today to nearly 12 years and six months in prison, followed by three years of supervised release, for selling $9 million in renewable fuel credits which he falsely claimed were produced by his company, Clean Green Fuel, LLC. "When invalid renewable fuel credits are 'produced' and sold, it undermines the integrity of an important program designed by Congress to reduce the nation's dependence on foreign oil and to grow the nation's renewable energy industry," said Cynthia Giles, assistant administrator for EPA's Office of Enforcement and Compliance Assurance. "Today's sentence shows that there are serious consequences, including jail time, for defrauding the renewable fue...

Full article: http://green.autoblog.com/2013/02/25/fraudster-turned-non...

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