$511M Fraud Conviction Based On Withheld Info, Court Told
By Cara Salvatore (April 30, 2020, 11:10 PM EDT) -- Los Angeles businessman Lev Dermen wants a Utah federal court to reopen discovery following his March conviction for a $511 million fraud, citing a new guilty plea from a Beverly Hills lawyer that Dermen says shows prosecutors withheld important information from him, including an allegedly corrupt ex-FBI agent.
Dermen, who owns a chain of diesel truck stops, was convicted March 16 by a jury in Salt Lake City on charges he circulated non-biodiesel substances around the country and passed them off as biodiesel in order to reap lucrative Environmental Protection Agency incentives.
But a new plea agreement made public Tuesday from Los...
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