June 04, 2024
A D.C. federal judge on Tuesday sentenced the founder and former CEO of an alternative energy startup to three years of incarceration for embezzling $5.9 million from his company to fund what the judge called "a lavish, and to some extent ridiculous, lifestyle."
February 08, 2024
The ex-CEO of an alternative energy startup he founded pled guilty Thursday to one count of wire fraud in D.C. federal court, after being accused of embezzling $5.9 million.
May 05, 2023
The founder and ex-CEO of an alternative energy startup allegedly stole $5.9 million from the company and spent some of the pilfered money on luxury vehicles, art and other high-end items, prosecutors said Friday.