“New York Attorney General Letitia James today delivered a victory for environmentally-conscious “green” investors in Upstate New York by getting a Western New York company and its founder to end the illegal profiting from the sale of unregistered securities, which allowed the founder to subsidize his lifestyle. Attorney General James obtained a consent order … [Read more…]
“Government records on corporations reveal only the tip of the iceberg, if that. Unfortunately, the identity of the real owners can be obscured. So-called shell companies are created to disguise the real, “beneficial,” owners. The good news? There are many ways to research companies, who really owns them, what they do and more. These … [Read more…]
“Relevant Holding Period: Before Sept. 27, 2019 Email: VSLR@hbsslaw.com Visit: https://www.hbsslaw.com/investor-fraud/VSLR Call: Reed Kathrein, who is leading the firm’s investigation: 510-725-3000. Vivint Solar, Inc. (VSLR) Investigation: The investigation centers on whether Vivint Solar concealed its involvement “in a nationwide fraud involving forged customer contracts.” On September 27, 2019 Marcus Aurelius Value published a scathing … [Read more…]
“Warren Buffett’s Berkshire Hathaway Inc on Wednesday said a $377 million charge it incurred recently was tied to a solar generation company that U.S. authorities have linked to fraud. Berkshire said in its first-quarter report on Saturday it had invested $340 million in various tax equity investment funds from 2015 to 2018, before learning … [Read more…]
“Eden DevCo, LP 333 Broadway Suite 460 Troy, New York 12180 518-326-0259 ID: 0001766885 Partner: Harry Lopes Manager of General Partner Eden Renewables LLC Partner: Giovanni Maruca Manager of General Partner Eden Renewables LLC Industry Group: Real Estate Issuer Size: Decline to Disclose Federal Exemptions: Rule 506b Date of First Sale: January 24, … [Read more…]
“Every great once in a while a bad apple pops up, even in the world of solar power where competition among installers and developers helps keep people honest. That’s the case yesterday when the Securities and Exchange Commission (SEC) announced fraud charges against MSGI Technology Solutions and its CEO J. Jeremy Barbera. For individual … [Read more…]
“The Mantria Corporation Ponzi scheme has been described as the “biggest green energy scam” in United States history.[1] A Federal judge in the Securities and Exchange Commission’s civil case found Mantria had scammed more than $54.5 million “by egregiously, recklessly, knowingly, and shamelessly perpetrating a fraudulent scheme” that used “misrepresentations, omissions, and blatant lies … [Read more…]
“Borrego Solar Systems, 1810 Gillespie Way, San Diego, CA 92020 (888) 898-6273 Clarification of Response: Michael Hall of Walnut Creek,CA Arron Hall of San Diego CA Chris Anderson of Peterborough,NH Bonnie Kao of Neihu, Taipei Stan Chan of Arcadia, CA Industry of Use: Energy Conservation Offering: $6,000,000 Finders Fee: $320,000 Issue date: 07-27-2009” … [Read more…]