California man sentenced to over 6 years in prison for $8.7M cow manure Ponzi scheme

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A California man has been sentenced to over six years in prison in a multimillion-dollar fraud scheme where he claimed to turn cow manure into green energy.

SACRAMENTO — A man from California who ran a multimillion-dollar fraud scheme where he claimed to turn cow manure into green energy has been sentenced to over six years in prison, the U.S. Attorney's Office for the Eastern District of California announced this week.

Brewer's investors were meant to receive tax incentives and 66% of all net profits as part of the scheme, authorities said. Wanting to appear as though he had secured revenue streams, Brewer also sent investors forged contracts with multinational companies, authorities said, and showed them fake photos of the digesters under construction.

Brewer assumed a new identity and relocated to Montana after his investors became aware of his fraud, authorities said.

 

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California man sentenced to over 6 years in prison for $8.7 million cow manure Ponzi scheme, US attorney's office says | CNN BusinessA man from California who ran a multimillion-dollar fraud scheme where he claimed to turn cow manure into green energy has been sentenced to over six years in prison, the US attorney’s office for the Eastern District of California announced this week.
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