A Maryland man accused of selling millions of dollars in fraudulent renewable energy credits was convicted Monday on all 42 counts against him, including money laundering, wire fraud and violations of the Clean Air act.
Rodney Hailey was accused of selling $9.1 million in credits for biodiesel fuel his company didn’t produce, spending the money on cars, jewelry and property, according to prosecutors. After deliberating little more than an hour, a trial jury convicted him.
Department of Justice press release detailing the crime and methods (Oct,2011): click here