Justice Dept.: Founder and Former CEO of Sustainable Fuel Company Sentenced for Multimillion-Dollar Embezzlement and Investor Fraud Scheme
June 05, 2024
June 05, 2024
WASHINGTON, June 5 -- The U.S. Department of Justice issued the following news release on June 4, 2024:
The founder and former CEO of a sustainable fuel company was sentenced today to three years in prison in connection with a scheme to embezzle at least $5.9 million and to defraud several investors out of approximately $15 million.
According to court documents, between 2021 and 2022, Bryan Sherbacow, 55, of Charleston, South Carolina, and Washington, D.C., defrauded th . . .
The founder and former CEO of a sustainable fuel company was sentenced today to three years in prison in connection with a scheme to embezzle at least $5.9 million and to defraud several investors out of approximately $15 million.
According to court documents, between 2021 and 2022, Bryan Sherbacow, 55, of Charleston, South Carolina, and Washington, D.C., defrauded th . . .