California Man Defrauded $9 Million From Investors in Cow Manure Green Energy Scheme

California Man Defrauded $9 Million From Investors in Cow Manure Green Energy Scheme
Cows graze on a dairy farm in Porterville, Calif., on Aug. 24, 2016. Robyn Beck/AFP/Getty Images
Efthymis Oraiopoulos
Updated:
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A California man was sentenced to six years and nine months in prison for running a “green energy” Ponzi scheme, defrauding investors of almost $9 million, according to a June 26 press release from the Department of Justice.

Ray Brewer, 66, of Porterville, in California’s Central Valley, defrauded investors of $8,750,000 with farm tours and an elaborately worked plan of fake documents, telling them to invest in his business of turning cow manure into material that can be used for heating.

Efthymis Oraiopoulos
Efthymis Oraiopoulos
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Efthymis Oraiopoulos is a news writer for NTD, focusing on U.S., sports, and entertainment news.
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