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Green Energy Co. Honored By Bill Clinton Charged With Running $54M Ponzi SchemeFox NewsSep. 04, 2015 |
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 PHILADELPHIA – Three people were charged Thursday with running a $54 million Ponzi scheme built on promises of a green energy technology that would turn trash into fuel and "carbon-negative" housing developments, neither of which were ever developed, federal prosecutors said. Troy Wragg, 34, of Georgia, Amanda Knorr, 32, of Pennsylvania, and Wayde McKelvy, 52, of Colorado, were charged with wire and securities fraud and conspiracy. It wasn't immediately clear if they had attorneys who could comment on their behalf. [...]Before the Ponzi scheme was shut down, the company was honored by former President Bill Clinton's Clinton Global Initiative for its effort to "help mitigate global warning" through developing the biochar technology that it said would sequester carbon dioxide and reduce emissions in developing countries. Wragg appeared on stage with Clinton to receive the honor in September 2009. Read More 
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