Renewable Fuels Producers Burned By ID Number Fraud

Law360, New York (October 24, 2016, 12:45 PM EDT) -- An uptick in recent federal enforcement actions involving renewable fuel credits is signaling that market participants can expect more fraud investigations and prosecutions as federal regulators strive to maintain control over the renewable fuel credit program. The enforcement actions involve the trading of Renewable Identification Numbers (RINs) under the Renewable Fuels Standard (RFS) program....

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