NEWS
Todd Neeley DTN Staff Reporter
Fri Jul 25, 2014 09:32 AM CDT

STREATOR, Ill. (DTN) -- Nathan Stoliar, 64, of Australia, pleaded guilty in federal court in Las Vegas, Nevada, on Tuesday, July 22, to five felonies for his role in schemes worth more than $41 million to generate fraudulent biodiesel Renewable Information Numbers and export biodiesel to the United States.

Stoliar is required by the plea to forfeit $4 million and pay $1 million in restitution. He faces a maximum sentence of 20 years in prison and a $500,000 fine for each of the counts of conspiracy to engage in money laundering and wire fraud or another $1 million, five years ...

Quick View
Related News Stories
Ethanol Blog
EPA Sends RFS to OMB
Ethanol Stocks at 3-Week High
DTN Daily Ethanol Comments
Ethanol Blog
ACE Elects Board of Directors
Ethanol Blog
Ethanol Stocks, Production Decline
Pattison Pleads Guilty to RIN Fraud
Ethanol Blog