Monday, February 6, 2023 | Back issues
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Ponzi Scheme

The owners of DC Solar pleaded guilty Friday in California to charges relating to a Ponzi scheme in which they defrauded investors of $1 billion by selling them solar generators that did not exist. 

SACRAMENTO, Calif. – The owners of DC Solar pleaded guilty Friday in California to charges relating to a Ponzi scheme in which they defrauded investors of $1 billion by selling them solar generators that did not exist. 

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