![]() ![]() ![]() He also sent them forged lease agreements and loan documents. Sent Investors Fake Documents and Picturesīrewer showed investors the dairies where he claimed his company, CH4 Energy, was building digesters and sent them fake pictures of digesters being built. Or, as in this case, virtually nothing is true - such as Brewer’s claim to arresting federal agents that he was a life-saving naval hero. Brewer’s investors were supposed to receive 66% of all net profits as well as tax incentives.Īs is always the case in Ponzi schemes, the deal was too good to be true. The methane can be sold as green energy and is eligible for Renewable Energy Credits, which are often purchased by companies to meet green energy mandates. Lured Investors With Promise of Green Energy ProfitsĪnaerobic digesters are large machines that use microorganisms to break down biodegradable material and turn it into methane. Moreover, the federal government has invested millions in the technology. Point of fact: Anaerobic digesters do convert animal waste into energy. ![]() He then used some of the investors’ money to buy land, a 3,700-square-foot custom home, and new Dodge Ram pickup trucks for himself. ![]()
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