Biofuel fraud case shines light on Imperial CEO

Federal prosecutors say Jeffrey Wilson did not initially know about a fraud scheme in Imperial Petroleum’s new subsidiary, E-Biofuels, but allowed the deception to continue once he did, costing investors tens of millions of dollars.

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Defense attorneys turn tough in Bales trial

The legal team representing real estate broker John M. Bales and partner William E. Spencer haven't called their first witness and already they're putting up a spirited fight as federal prosecutors seek to prove 13 charges including bank, mail and wire fraud.

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