An Aurora, Colorado man was sentenced Friday to 18 years in prison, five years of supervised release, and ordered to pay $37 million restitution by United States District Judge Joel Slomsky for operating a $54 million Ponzi scheme in one of the largest green energy frauds in U.S. history.
Wayde McKelvy, 59, was convicted in October 2018, after a trial of seven counts of wire fraud, conspiracy to commit wire fraud, securities fraud, and conspiracy to engage in securities fraud, acting United States Attorney Jennifer Arbittier Williams said in a press release.
