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Monday, April 15, 2024 | Back issues
Courthouse News Service Courthouse News Service

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. 

Categories / Business, Criminal

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