Yankee wind fraudster dragged before Grand Jury

grand-jury

Wind scammers are giving prosecutors more work than they can fairly handle at the minute – all over the world.

In Australia – it’s REC fraud at Waubra, Cape Bridgewater, Windy Hill and Macarthur that’ll keep the cops and the courts busy for years to come.

Acciona’s ability to keep a lid on their Waubra scam is being sorely tested at the minute, as Marshall John Madigan builds the bulging brief that will be handed to the AFP within the next couple of weeks.  We’ll keep you posted.

In the US, the nature of the fraud is only limited by the wind scammer’s imagination.  In this case it extended to marketing a fan with almost magical properties.

Mag Wind: Canadian indicted for securities and wire fraud
U.S. Department of Justice
25 October 2013

The Grand Jury alleges that ROWAN made numerous false and deceptive claims to his U.S. based distributors and customers about the Mag-Wind Turbine by exaggerating its power generation capacity, falsifying scientific and technical data, and falsifying information regarding his capacity to manufacture and distribute the Mag-Wind turbines.

RALEIGH – United States Attorney Thomas G. Walker announced that on October 18, 2013, a federal grand jury in Raleigh, North Carolina returned a two count indictment charging JAMES ALAN ROWAN with securities fraud and wire fraud.

ROWAN is a Canadian citizen who served as President and Chairman of Enviro-Energies, a Delaware-registered corporation, headquartered in Canada.  As detailed in the Indictment, ROWAN claimed to have developed and patented a new type of turbine to generate clean electricity for homes and small commercial establishments.  He told potential investors, distributors, and customers in the United States that he developed and patented a new type of wind turbine that did not require a tower to support the turbine assembly.  ROWAN referred to his line of wind turbine models as “Mag Wind Turbines.”

Through aggressive marketing efforts over the Internet and in person, ROWAN received endorsements for the Mag-Wind Turbine design concept from unwitting Hollywood celebrities and environmental activists.

Additionally, the Grand Jury alleges that ROWAN made numerous false and deceptive claims to his U.S. based distributors and customers about the Mag-Wind Turbine by exaggerating its power generation capacity, falsifying scientific and technical data, and falsifying information regarding his capacity to manufacture and distribute the Mag-Wind turbines.

The Grand Jury also alleges that ROWAN inveigled U.S. investors in North Carolina, California, and elsewhere into purchasing Enviro-Energies shares by falsely telling them that these shares would be listed on the stock exchanges through an Initial Public Offering (IPO).  Even though some investors responded to ROWAN’S false claims, once they paid for their shares, ROWAN never delivered the actual share certificates.

If convicted, the maximum penalties for the charged counts are twenty years in prison for securities fraud and twenty years in prison for wire fraud.  The charges and allegations contained in the indictment are merely accusations, and the defendant is considered innocent unless and until proven guilty.  The case is being investigated by the Federal Bureau of Investigation (FBI) and is being prosecuted by Assistant United States Evan Rikhye.
US Department of Justice

They know no bounds.

enron-scandal

The Original Wind Scammers.

About stopthesethings

We are a group of citizens concerned about the rapid spread of industrial wind power generation installations across Australia.

Comments

  1. If they are looking for Rowan, let me know. I know where he is. He tried to scam me on a real estate deal in Canada

  2. Jackie Rovenksy says:

    There’s something of a dichotomy in this whole saga of the wind industry. They don’t have to prove their industry is safe to be used where they want to site it, they don’t have to prove the claims they make about the industry are truthful, but those who have been adversely affected by this industry have to prove they are adversely affected.

    It’s strange that the only way to get these people into court is to show fraud, which occurs after the fact – that is after people have been adversely affected and after an adverse fiscal component is recognised.

    It’s also strange that some people who could have stopped the march of this dangerous industry only wake up and take notice when they realise there is a financial downside to it when recognising it’s staying afloat from public funding.

    Yes I accept people should be considered innocent until proven guilty, but how the heck do you get these people into court in the first place, why does it take so much effort and expense for innocent adversely affected people to get justice.

    Why can this industry continue to function and flourish even though there’s plenty of evidence it’s not safe for people, the environment or that it is an uneconomical and inefficient producer of energy?
    Why hasn’t there been a moratorium, at the very least, on further expansion of it until it can provide proof of all the claims it makes, including it being safe to operate in the places it does?

  3. Finally….the whole scam is beginning to unravel!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: