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Woman who led $1 bn solar scam jailed for 11 years

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  A woman who along with her husband ran a nearly 1 billion solar investment scam has been sentenced to 11 years and three months in prison California court officials said Tuesday Paulette Carpoff 51 had led a huge pyramid scheme with her husband Jeff between 2011 and 2018 attracting nearly 20 investors who thought they were funding the development of solar generators The couple pleaded guilty in 2020 to conspiracy to commit wire fraud and money laundering and Jeff Carpoff was sentenced the following year to 30 years in prison The pair had raised 910 million from 17 investors but of the 17 000 devices they claimed to have made at least half did not exist Jeff and Paulette Carpoff had stashed away at least 140 million for their own use with which they bought jewelry 148 cars including actor Burt Reynolds 1978 Firebird a baseball team and luxury real estate
Woman who led   A woman who along with her husband ran a nearly 1 billion solar investment scam has been sentenced to 11 years and three months in prison California court officials said Tuesday Paulette Carpoff 51 had led a huge pyramid scheme with her husband Jeff between 2011 and 2018 attracting nearly 20 investors who thought they were funding the development of solar generators The couple pleaded guilty in 2020 to conspiracy to commit wire fraud and money laundering and Jeff Carpoff was sentenced the following year to 30 years in prison The pair had raised 910 million from 17 investors but of the 17 000 devices they claimed to have made at least half did not exist Jeff and Paulette Carpoff had stashed away at least 140 million for their own use with which they bought jewelry 148 cars including actor Burt Reynolds 1978 Firebird a baseball team and luxury real estate  bn solar scam jailed for 11 years

1 A woman who, along with her husband, ran a nearly $1 billion solar investment scam has been sentenced to 11 years and three months in prison, California court officials said Tuesday.

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2 Paulette Carpoff, 51, had led a huge pyramid scheme with her husband Jeff between 2011 and 2018, attracting nearly 20 investors who thought they were funding the development of solar generators.

nigerian newspapers read them online

3 The couple pleaded guilty in 2020 to conspiracy to commit wire fraud and money laundering, and Jeff Carpoff was sentenced the following year to 30 years in prison.

nigerian newspapers read them online

4 The pair had raised $910 million from 17 investors, but of the 17,000 devices they claimed to have made, at least half did not exist.

5 Jeff and Paulette Carpoff had stashed away at least $140 million for their own use, with which they bought jewelry, 148 cars, including actor Burt Reynolds’ 1978 Firebird, a baseball team, and luxury real estate.

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