BIOMASS INTEL

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Biofuel Scam: Lawyer to Plead Guilty for Subsidy Fraud

The Associate Press reports that a former Tennessee lawyer will plead guilty Feb. 11 to charges related to his role in defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money.  U.S. District Court records show H. Max Speight will plead guilty to one count in the case before a federal judge in Aberdeen. A co-defendant, William Tacker II, faces trial on Feb. 22 in Aberdeen.  A federal grand jury indicted Tacker and Speight for allegedly filing false statements to obtain the money for a biofuels business they operated in Nettleton.

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