Burned by Solar

In the era of climate change, it isn’t just about saving the planet using sustainable methods of energy, it’s about making a fortune from sustainable methods of energy. In this episode, Caleb and Greg discuss the story of DC Solar, a manufacturer of mobile solar generators.SponsorsForwardly - https://ohmyfraud.promo/forwardlyTabs - https://ohmyfraud.promo/tabsPractice Protect - https://ohmyfraud.promo/protect(00:00) - Introduction to the Unlikely Innovator (01:00) - Listener Reviews and Reactions (02:16) - Jeff Karpoff's Early Life and Struggles (09:19) - The Birth of DC Solar (12:27) - The Solar Eclipse Generator (13:36) - Hollywood's Interest and Initial Success (25:21) - Cracks in the Business Model (29:30) - The Ponzi Scheme Unveiled (30:58) - Jeff Karpoff's Extravagant Lifestyle (32:47) - NASCAR Sponsorship and DC Solar's Rise (35:18) - The IRS and Investor Scrutiny (36:29) - Bogus Reports and Fake Leases (38:18) - Massive Deals and Manufacturing Issues (39:49) - Fraudulent Practices Unveiled (53:02) - The Whistleblower and Legal Consequences (56:57) - The Aftermath and Loose Ends (58:30) - Lessons Learned and Final Thoughts HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.comSources:The Billion-Dollar Ponzi Scheme That Hooked Warren Buffett and the U.S. Treasury [The Atlantic]Massive $1 billion solar power ponzi scheme results in the largest single-owner car collection ever auctioned by the U.S. Marshals Service — including Burt Reynolds’ Trans Am [AP]Obama Administration Announces Columbus, OH Winner of the $40 Million Smart City Challenge to Pioneer the Future of Transportation [WH]Federal agents raid home, business of Martinez resident [Martinez News-G