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DC Solar attorney indicted in infamous billion-dollar Ponzi scheme

Jurors on Oct. 5 returned a 23‑count indictment against Ari J. Lauer, 59, of Lafayette, agreeing there was enough evidence to charge him with conspiracy to commit wire and bank fraud, bank fraud, and wire fraud affecting a financial institution, a U.S. Attorney said. ....

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Ex-California solar firm executive sentenced for $1B fraud

SACRAMENTO, Calif. (AP) A former executive of a California solar power company was sentenced Tuesday to 6 1/2 years in prison and ordered to pay nearly $620 million in restitution for his role in a $1 billion fraud scheme, federal prosecutors said. ....

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Former CA solar firm executive sentenced in $1 billion fraud scheme

A former executive of a California solar company was sentenced to six years in prison in a $1 billion fraud scheme. The company operated a Ponzi scheme to repay investors. ....

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