Maryland Man Convicted in Scheme To Sell Fraudulent Renewable Fuel Credits

June 27, 2012, 4:00 AM UTC

A Maryland man was convicted by a federal jury June 25 in connection with a scheme in which he sold $9 million in renewable fuel credits that he falsely claimed were produced by his company, Clean Green Fuel, LLC, federal prosecutors said (United States v. Rodney Hailey).

Rodney Hailey, of Perry Hall, Md., was convicted in U.S. District Court for the District of Maryland on charges of wire fraud, money laundering, and violating the Clean Air Act.

According to federal prosecutors, Hailey faces a sentence of up to 20 years in prison for each of eight counts of ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.