Dc Solar Nascar

Dc solar solutions inc a nascar team sponsor that federal authorities have implicated in an 810 million investment fraud is facing challenges from regulators on several fronts as its.

Dc solar nascar.

A california solar power company dc solar is giving away millions of dollars worth of equipment in metro phoenix and allowing electric vehicles to fill up for free but the exact reasons are. The carpoffs along with several co conspirators oversold making transactions to sell 2 5 billion worth of solar panels or 17 000 units. The company was shut down by the federal bureau of investigation in 2018 after it turned out to be a billion dollar ponzi scheme. How dc solar became a renewable energy powerhouse and a major player in nascar i talked with dc solar founder jeff carpoff about how a conversation with a neighbor turned into a business with.

42 cup series entry driven by kyle larson and the no. This is pertinent to the motorsports community because dc solar is a chip ganassi racing sponsor for both the no. Dc solar solutions inc trading as dc solar was a californian solar power supplier company. They sponsored race teams nascar events and planned to put ross chastain in a full time xfinity series ride.

The scheme though complex can be boiled down to this. It all came to a halt with the fbi abruptly raided the dc solar headquarters in addition to the home of ceo jeff carpoff back on december 18 2018. Dc solar founders to plead guilty to charges related to 1 billion ponzi scheme january 24 2020 5 23 pm dc solar bankruptcy auction includes kyle larson s daytona winning car september 25 2019. The company was founded in 2008 in concord california by jeffrey carpoff an auto mechanic.

Berkshire hathaway invested 340 million in the company. Last year dc solar was deeply embedded in the nascar community.