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.”