Owners of Triton Energy, biofuel maker, plead guilty to fraud

Triton Energy
Triton Energy owners Fred Witmer and Gary Jury pleaded guilty to conspiracy, fraud and false statements for participating in a scheme. 

Triton Energy owners sentenced to jail time

WASHINGTON, Oct 12 (Reuters) – The owners of an Indiana biofuel producer called Triton Energy LLC pleaded guilty to conspiracy, fraud and false statements for participating in a scheme that generated over $60 million in fraudulent tax credits and renewable fuels credits, the U.S. Justice Department said on Wednesday.

As part of their pleas, Fred Witmer, 46, agreed to serve 57 months in prison while Gary Jury, 58, agreed to serve a sentence of 30 months, the department said. A sentencing hearing has not yet been scheduled, it said.

(Reporting by Eric Walsh; Editing by Eric Beech)

Ph: 432-978-5096 Website: www.mapleleafmarketinginc.com
Ph: 432-978-5096 Website: www.mapleleafmarketinginc.com