Tennessee attorney gets 26-month sentence for defrauding biofuels subsidy program

The crime: both Speight and Tacker were partners at Biodiesel of Mississippi Inc., a company that refined soybeans to produce biodiesel. The company declared bankruptcy in 2006 and Speight and Tacker parted ways. Last year, the duo was indicted on ten counts of filing false statements to weasel $2.88 million out of the U.S. Department of Agriculture. Information contained within the falsified statements is not available to the public, but we assume that the charges somehow tie in with the company obtaining money from the government’s subsidy program even though it did not qualify to receive it.

AutoBlogGreen
9/7/10