The scheme though complex can be boiled down to this.
Dc solar nascar.
This is pertinent to the motorsports community because dc solar is a chip ganassi racing sponsor for both the no.
They sponsored race teams nascar events and planned to put ross chastain in a full time xfinity series ride.
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 shut down by the federal bureau of investigation in 2018 after it turned out to be a billion dollar ponzi scheme.
Nascar america nascar on nbc podcast nascar dc solar bankruptcy auction includes kyle larson s daytona winning car by daniel mcfadin sep 25 2019 11 51 am edt.
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.
Although dc solar sponsors select races with chip ganassi racing in the nascar cup series those cars driven by kyle larson and newcomer kurt busch will not be affected according to the team.
42 cup series entry driven by kyle larson and the no.
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.
Dc solar solutions inc trading as dc solar was a californian solar power supplier company.
Berkshire hathaway invested 340 million in the company.
The company was founded in 2008 in concord california by jeffrey carpoff an auto mechanic.
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.
The carpoffs along with several co conspirators oversold making transactions to sell 2 5 billion worth of solar panels or 17 000 units.