Ex-SEC Attorney Pleads Not Guilty To Green Scheme Charges

Law360, New York (June 15, 2012, 3:36 PM EDT) -- A former senior counsel with the Enforcement Division of the U.S. Securities and Exchange Commission pled not guilty Thursday in New Mexico federal court to seven counts of wire fraud in connection with an alleged scheme to defraud a green energy entrepreneur.

Daryl Hudson III, chairman and CEO of the Hampden Kent Group LLC, a Washington-based finance and development company, allegedly promised to raise $80 million in debt funding for Bluenergy Solarwind Inc., a Santa Fe, N.M., maker of green energy equipment that wanted to manufacture...
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