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Md. Man Accused of Selling Bogus Energy Credits
A Maryland man faces trial in a $9.1 million fraud case that is shedding light on problems in a renewable energy credits program run by the U.S. Environmental Protection Agency.Federal prosecutors accuse Rodney Hailey of Perry Hall of selling renewable fuel credits even though his company, Clean Green Fuel LLC, did not produce any renewable fuel. Instead, prosecutors say he pocketed the money and bought Ferraris and other luxury cars, as well as tractor-trailers, homes, jewelry and computers. Jury selection is scheduled to begin in the case Monday in U.S. District Court. If Hailey is convicted, prosecutors are seeking forfeiture of the $9.1 million, including the cars, homes and other items, of which nearly $3 million has been recovered, said Marcia Murphy, a spokeswoman for the U.S. Attorney's office. Joseph Evans, a federal public defender representing Hailey, declined comment. The case is one of several nationwide, including similar fraud cases in Texas and Alabama, that have led to calls in Congress for a review of the program. Posted by: Fred 2012-06-18 |
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