Roberta Karmann News Today

A Lafayette lawyer for the shuttered DC Solar company at the heart of a nearly $1 billion fraud case has been indicted by a federal grand jury in Sacramento.

Jurors on Oct. 5 returned a 23‑count indictment against Ari J. Lauer, 59, of Lafayette, agreeing there was enough evidence to charge him with conspiracy to commit wire and bank fraud, bank fraud, and wire fraud affecting a financial institution, a U.S. Attorney said.

Ramesh Balwani facing 20 years in prison

A former energy executive in California  who took part in a $1-billion solar power fraud that bilked Warren Buffett’s company and many others has been sentenced to six years in federal prison.

A former energy executive in California  who took part in $1 billion solar power fraud that bilked Warren Buffett’s company and many others has been sentenced to six years in federal prison

A California federal judge sentenced the former chief financial officer of DC Solar to six years in prison Tuesday, and ordered him to pay $624 million in restitution, for his role in a Ponzi scheme that bilked investors out of more than $1 billion.

Former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett's company and many others has been sentenced to six years in federal prison

A former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett's company and many others was sentenced Tuesday to six years in federal prison and ordered to pay $624 million in restitution. Robert A. Karmann, 55, of Clayton was the chief financial officer for DC Solar, a…

A California man who took part in a billion-dollar Ponzi scheme through a fake solar power supply company has been ...

The San Francisco Bay Area company sold mobile solar generator units mounted on trailers.