Five individuals were sentenced to prison last week after they were implicated in a $1 billion biofuel tax fraud scheme.
Lev Aslan Dermen (56), a.k.a. Levon Termendzhyan, a Los Angeles businessman, received 40 years in prison; Jacob Kingston (46) was sentenced to 18 years; Isaiah Kingston (42) was sentenced to 12 years; Rachel Kingston (67) was sentenced to seven years; and Sally Kingston (45) was sentenced to six years, according to a Department of Justice press release.
The Kingston family operated Washakie Renewable Energy, a biodiesel company based in Box Elder County, Utah, and used it to carry out multiple acts of conspiracy to commit fraud between 2010 and 2018….