Sunday, January 5, 2014

Prosecutors: Trash-to-Biodiesel Firm Evicted for 'Lies and Promises'

Posted By on Sun, Jan 5, 2014 at 12:00 PM

Less than 10 years ago, a company called Green Power was barnstorming throughout the region with hopes of bringing its trash-to-biodiesel technology to communities that promised tax breaks and a favorable regulatory environment.

That was then.

This morning's Tri-City Herald reports that following years of what Pasco, Wash., officials called "lies and promises," they're trying to kick Green Power out of their community. In fact, the CEO of Green Power, Michael Spitzauer, is in federal custody after he was charged in December with wire fraud, identity theft and money laundering.

The Port of Pasco had begun eviction proceedings to oust Green Power from its region.

Spitzauer is accused of defrauding investors of at least $6.7 million over seven years. Additionally, the Washington Department of Ecology shut down Green Power's unfinished facility in 2009 because it lacked proper air quality permits.

Spitzauer is due in a Yakima, Wash., courtroom this coming Thursday, Jan. 9.

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