USA v. DUCEY et al
Case Number:
1:13-cr-00189
Court:
Nature of Suit:
Firms
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May 31, 2017
Feds Can Take $160M From Convicted Biofuel Fraudsters
An Indiana federal judge issued a series of preliminary forfeiture orders Tuesday allowing prosecutors to seize up to almost $160 million in cash from convicted fraudster Joseph Furando, his companies and other conspirators who have pled guilty in a $145.5 million biofuel credit fraud scheme that netted $55 million in profits.
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May 24, 2017
Feds Look To Take $150M From Convicted Biofuel Fraudster
Federal prosecutors moved in Indiana federal court Tuesday to seize as much as $150 million in assets belonging to convicted fraudster Joseph Furando, his companies and other conspirators who have pled guilty in a $145.5 million biofuel credit fraud scheme that netted $55 million in profits.
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February 19, 2016
Ind. Man Sentenced To 72 Months In $145M Biofuels Tax Scam
An Indiana federal court on Thursday sentenced a man to 72 months in prison for his role in a $145 million scam in which he and others resold biodiesel in order to illegally claim up to $35 million in fraudulent federal fuel tax credits.
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January 26, 2016
Convicted Biofuel Fraudster Asks 7th Circ. To Hear Case
A New Jersey man facing a 20-year prison sentence over an alleged $145.5 million biofuel tax credit fraud scheme notified an Indiana federal court Monday that he is appealing his case to the Seventh Circuit, saying in a motion he will focus on sentencing in his appeal.
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January 08, 2016
NJ Biofuel Co. Owner Gets 20 Years For Fraud Scheme
A New Jersey man who admitted to illegally collecting millions in fraudulent biofuel tax credits through his two biofuel companies was sentenced on Thursday to 20 years in prison and ordered to pay $56 million in restitution, the U.S. Department of Justice announced.
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May 11, 2015
E-Biofuels Enters Plea Agreement For $145M Tax Scam
Bankrupt Indiana biofuels company E-Biofuels LLC has pled guilty to a $145 million scam to resell biodiesel to illegally claim up to $35 million in federal fuel tax credits.
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April 29, 2015
Third Brother Pleads Guilty In $145M Biodiesel Scam In Ind.
An Indiana man has joined two of his brothers in pleading guilty in Indiana federal court to a $145 million scam in which they resold biodiesel in order to illegally claim up to $35 million in federal fuel tax credits.
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April 22, 2015
Another Guilty Plea In $35M Biofuels Tax Fraud Scheme
A manager for a biofuels producer pled guilty in Indiana federal court Tuesday to a conspiracy to claim up to $35 million in federal fuel tax credits for biodiesel that did not exist or was not qualified for the incentives, according to court documents.
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April 15, 2015
NJ Biofuels Co. Owner Pleads Guilty To $55M Fraud Scheme
The owner of two New Jersey companies ensnared in a $145 million biofuel tax credits scam pled guilty Wednesday in Indiana federal court to criminal charges of wire fraud, conspiracy, money laundering and lying to investigators, the Department of Justice announced.
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March 05, 2015
Biofuel Execs Can't Claim Regulatory Reliance In Tax Case
An Indiana federal judge on Wednesday barred two former biofuels executives accused of running a $100 million tax credit scam from claiming that they relied on regulations as a defense, saying they didn't give the government enough notice of their defense plans.