#jeff carpoff

[eastcountytoday]

SACRAMENTO, Calif. — On Monday, U.S. District Judge John A. Mendez ordered the final forfeiture of $3.9 million in private jet shares bringing the total court-ordered forfeiture this year to more than $54 million related to the DC Solar Ponzi scheme, U.S. Attorney McGregor W. Scott announced.

The assets were seized in the fraud prosecution of the owners of DC Solar, a Benicia-based company,…

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[eastcountytoday]

City of Martinez Terminates Martinez Clippers Baseball Corporation License Agreement

City of Martinez Terminates Martinez Clippers Baseball Corporation License Agreement

MARTINEZ – The City of Martinez announced Wednesday the termination of its License Agreement with the Martinez Clippers Baseball Corporation, as of February 16, 2019, for nonpayment of fees associated with the use of City field facilities during the 2018 baseball season.

The License Agreement, dated March 16, 2018, had been for the use of Field 3 and associated facilities at the Joe DiMaggio…

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[kickinthetires]

FBI Document: DC Solar operated $800-plus million Ponzi-scheme, defrauded investors, IRS

.@FBI document obtained by @kicknthetires lists allegations against former #NASCAR sponsor @DCSolar of wire fraud/money laundering/conspiracy

By Jerry Jordan, Editor

HAMPTON, GA. — An affidavit buried among hundreds of pages of bankruptcy documents for former NASCAR team sponsor DC Solar reveals a complicated corporate structure that utilized new investors to pay off old investors in what FBI agents have described as an $800-plus million Ponzi scheme, Kickin’ the Tires has discovered.

DC Solar sponsored Chip Ganassi Racing’s No.…

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[racingnews]

FBI raids home of NASCAR sponsor Jeff Carpoff