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Re: BabyHippo post# 7119

Monday, 06/09/2014 12:18:55 AM

Monday, June 09, 2014 12:18:55 AM

Post# of 7652
nah, let's just call it a scam.

Federal judge: biofuels deal was a scam

http://fuelfix.com/blog/2011/07/25/federal-judge-biofuels-deal-was-a-scam/

According to the SEC, Rivera and Alice M. Price — whom Bramlette describes as Rivera’s caregiver and, since August 2010, his wife — and others planned to dump their own shares of the company after the market manipulation was complete, reaping huge profits in what turned out to be a virtually worthless company.

It said Price sold more than 35 million combined shares in USSEC and Sustainable Power Corporation, another company Rivera owned, “and allegedly used the more than $2 million proceeds to fund her lifestyle with Rivera and the activities of USSE.”

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