Company owners plead guilty to defrauding Berkshire Hathaway and Progressive

Berkshire Hathaway and Progressive | January 27, 2020

The owners of a California-based solar power company have pleaded guilty in connection to a scheme that defrauded nearly a billion dollars from companies such as Berkshire Hathaway and Progressive Insurance. Jeff Carpoff – owner of DC Solar – pleaded guilty to conspiracy to commit wire fraud and money laundering in a California federal court. His wife and co-owner of the company, Paulette, pleaded guilty to charges of money laundering and conspiracy to commit an offense against the US. DC Solar is a manufacturer of mobile solar power generators, which could be used for the outdoors such as concerts, sporting events, and even construction sites. The company sold generators in packages to investment funds, which passed alternative energy tax credits on to investors such as Berkshire Hathaway, Progressive and East West Bancorp.

Spotlight

When digital disruption is transforming the commercial landscape, industries are looking to re-imagine business processes. Be it transitioning from customer helpdesk to a real-time customer experience, from instinctive decision-making to insight-driven decisions, or shifting from manual transactions to robotics process automation - companies are doing it all.

Spotlight

When digital disruption is transforming the commercial landscape, industries are looking to re-imagine business processes. Be it transitioning from customer helpdesk to a real-time customer experience, from instinctive decision-making to insight-driven decisions, or shifting from manual transactions to robotics process automation - companies are doing it all.

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Lenders Service Corporation (LSC) Joins Unitas Financial Services

Unitas Financial Services | September 27, 2021

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MIB, Paperless Solutions Group | November 30, 2020

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