A California man was sentenced to six years and nine months in prison for running a “green energy” Ponzi scheme, defrauding investors of almost $9 million, according to a June 26 press release from the Department of Justice.
Ray Brewer, 66, of Porterville, in California’s Central Valley, defrauded investors of $8,750,000 with farm tours and an elaborately worked plan of fake documents, telling them to invest in his business of turning cow manure into material that can be used for heating.
From 2014 through 2019, Brewer was telling investors that he was building anaerobic digesters on dairy farms in Fresno, Kern, Kings, and Tulare counties, as well as other counties in California and Idaho….