1/22/12 Scam Watch: Apostles Inc. & Almighty Wind Inc. to investors: have we got a deal for you!
Sunday, January 22, 2012 at 09:14AM
The BPRC Research Nerd in Wind developers behaving badly

From California

SCAM WATCH

Via the LA Times:

Wind energy – A Carson man has been sentenced to 12 years in federal prison for bilking investors out of more than $1 million by making numerous false statements about a wind-energy business he said he operated.

James A. Rivera, 42, told victims that his companies, Apostles Inc. and Almighty Wind Inc., would market wind turbines and that the Nigerian government had agreed to place a $1-billion order.

In reality, there was no such order and the companies never sold any turbines. Rivera also failed to disclose to investors that he had eight prior criminal convictions, including five for fraud.

Article originally appeared on Better Plan: The Trouble With Industrial Wind Farms in Wisconsin (http://betterplan.squarespace.com/).
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