We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

7th Circ. Upholds CEO's Conviction In Biodiesel Tax Plot

Law360, Chicago (January 12, 2018, 3:30 PM EST) -- The Seventh Circuit on Friday upheld the conviction of the former CEO of an Indiana petroleum company charged in a tax fraud scheme based on the sale of biodiesel, saying prosecutors had more than enough evidence to prove he knew what was going on.

There was plenty to support an Indiana federal jury’s finding that Jeffrey Wilson, who was board chairman and CEO of Imperial Petroleum Inc. between 2010 and 2011, had lied to investors, the U.S. Securities and Exchange Commission and government investigators, the appellate...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.