Perry Hall businessman accused of selling phony fuel credits enters no plea
A federal prosecutor said Thursday that the government has recovered only a third of the $9 million that authorities charge a Perry Hall businessman with taking from his customers in a massive biofuel fraud scheme.
The businessman, Rodney R. Hailey, president of the now-shuttered Clean Green Fuel, appeared in U.S. District Court for what had been scheduled as an arraignment. But Hailey surprised prosecutors by not going through with a guilty plea that they said he had agreed to before the proceeding.
The switch prompted prosecutor Stefan D. Cassella to express concern that federal investigators have been unable to track down most of the money they say Hailey collected by selling allegedly phony credits for biodiesel fuel he never produced.
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