This is pertinent to the motorsports community because dc solar is a chip ganassi racing sponsor for both the no.
Dc solar nascar.
The carpoffs along with several co conspirators oversold making transactions to sell 2 5 billion worth of solar panels or 17 000 units.
A california solar power company dc solar is giving away millions of dollars worth of equipment in metro phoenix and allowing electric vehicles to fill up for free but the exact reasons are.
The scheme though complex can be boiled down to this.
The company was founded in 2008 in concord california by jeffrey carpoff an auto mechanic.
Dc solar founders to plead guilty to charges related to 1 billion ponzi scheme january 24 2020 5 23 pm dc solar bankruptcy auction includes kyle larson s daytona winning car september 25 2019.
Dc solar solutions inc trading as dc solar was a californian solar power supplier company.
Although dc solar sponsors select races with chip ganassi racing in the nascar cup series those cars driven by kyle larson and newcomer kurt busch will not be affected according to the team.
42 cup series entry driven by kyle larson and the no.
42 xfinity series entry that.
Last year dc solar was deeply embedded in the nascar community.
Berkshire hathaway invested 340 million in the company.
They sponsored race teams nascar events and planned to put ross chastain in a full time xfinity series ride.
Dc solar solutions inc a nascar team sponsor that federal authorities have implicated in an 810 million investment fraud is facing challenges from regulators on several fronts as its.
The company was shut down by the federal bureau of investigation in 2018 after it turned out to be a billion dollar ponzi scheme.