Archive for the ‘Mississippi’ Category

SEC Claims Biofuel Company a Fraud

Thursday, July 24th, 2008

Is there anything more in the public consciousness than the price of gas?  Scam artists know that and are busy crafting bogus companies to take advantage of the public’s demand that America find an alternative to foreign oil.  The SEC claims that it has caught one such company, charging U. S. Sustainable Energy Corp. (USSE) and John H. Rivera (Rivera), with issuing false press releases regarding USSE’s supposed ability to make fuel from soy beans.   According to the SEC: (more…)