Jeff and Polette Kpof orchestrated a $1 billion Ponzi scheme through their company DC Solar, which sold nonfunctional and non-existent mobile solar generators. The scheme exploited federal tax credits ...

Jeff Carpoff, a co-owner of DC Solar, who had previously pleaded guilty to charges of conspiracy to commit wire fraud and money laundering in a Ponzi scheme that pulled in more than $900 million, has ...

SACRAMENTO, Calif. (AP/CBS13) — A former executive of a San Francisco Bay Area solar power company was sentenced Tuesday to eight years in prison and ordered to pay nearly $620 million in restitution ...

SACRAMENTO (CBS SF) -- Alan Hansen was sentenced Tuesday to eight years in prison and ordered to pay $619,415,950 in restitution for participating in a billion-dollar Ponzi scheme involving DC Solar.

SACRAMENTO, Calif. (AP) — A former executive of a California solar power company was sentenced Tuesday to eight years in prison and ordered to pay nearly $620 million in restitution for his role in a ...

This article was featured in One Story to Read Today, a newsletter in which our editors recommend a single must-read from The Atlantic, Monday through Friday. Sign up for it here. Jeff Carpoff was a ...

A lawyer for the shuttered DC Solar company at the heart of a nearly $1 billion fraud case has been indicted by a federal grand jury in Sacramento. Jurors on Oct. 5 returned a 23‑count indictment ...

SACRAMENTO, Calif. — A former energy executive in California who took part in a $1-billion solar power fraud that bilked Warren Buffett’s company and many others was sentenced Tuesday to six years in ...