No longer a sponsor, just a scam

"RacinBob" (racinbob) 01/25/2020 at 09:50 • Filed to: None

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!!! UNKNOWN CONTENT TYPE !!!

RacinBob > RacinBob 01/25/2020 at 10:05

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I suppose Chip isn’t in a good mood this week...

https://autoweek.com/article/nascar/report-fbi-raids-dc-solars-headquarters-ceos-property

BaconSandwich is tasty. > RacinBob 01/25/2020 at 10:32

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Moral of the story: never trust anyone that flaunts money like that. Ever.

zipfuel > RacinBob 01/25/2020 at 12:03

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Fascinating, an d really quite a simple scam. Might even have proven to be a solid modest business if they hadn’t got greedy

RacinBob > zipfuel 01/25/2020 at 14:32

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I read the article in haste. But  wasn’t the deal was that they built the moble stations and sold them for $45,000 each claiming that they had found utilities or cell phone companines to lease them. What was in it for the buyer was the renewable tax credits plus part of the monthly lease.

Problem was, most were never built or leased and they were just using a fraction of the monthly sales kicked back on the existing lease payments.. Somebody most of figured out that these guys were selling a lot more units than they were building. Classic Ponzie scheme....