Indictments In Biodiesel Scheme
LAS VEGAS (AP) — Federal prosecutors say a 63-year-old Las Vegas man and a 64-year-old Australian citizen who lived in Canada have been indicted in Nevada on charges that they bilked a U.S. biodiesel fuel program out of more than $37 million.
A 57-count indictment unsealed Wednesday in U.S. District Court in Las Vegas accuses James Jariv and Nathan Stoliar of charges including conspiracy, wire fraud, obstruction of justice and conspiracy to launder money.
Jariv was arrested Tuesday in Las Vegas, where federal authorities say they froze bank accounts and seized property. Stoliar lives in Australia.
Jariv and Stoliar are accused of using two firms — City Farm Biofuel in Vancouver, Canada, and Global E Marketing in Las Vegas — to generate millions of dollars’ worth of federally-funded credits known as renewable identification numbers.