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Old 07-10-22, 07:39   #1
 
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Movies Polygamists Used Biofuel to Steal $500 Mil From The US IRS

The Polygamist & The Bio Fuel Baron

How Polygamists Used Biofuel to Steal $500 Million From The US IRS

Mormon in $470m fraud bought homes and supercars

Bloomberg 7 OCT 2022.





Jacob Kingston, a member of a controversial Mormon offshoot known as "the Order," pleaded guilty to the largest biofuel scam in U.S. history. This is how he was seduced by a flashy L.A. businessman, and how the partnership ultimately led to their downfall.








A California businessman teamed up with a senior member of a secretive polygamist sect to defraud the US government of $470 million which he then used to buy fast cars and luxury homes, a court was told.

Lev Dermen, the owner of a chain of Californian truck stops, and Jacob Kingston, who belongs to a breakaway Mormon sect called the Order, went on a four-year spending spree in which they bought properties in the US and Turkey, and cars including a $1.7 million Bugatti and a golden Ferrari.





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