A California attorney has pleaded guilty to federal fraud charges tied to a massive $912 million Ponzi scheme involving a solar energy investment company that deceived thousands of investors across the United States. The shocking case highlights how complex financial engineering and misplaced trust in “green” ventures can lead to devastating losses—and even criminal convictions.
The Lawyer Behind the Scheme
Attorney Ari Lauer, who represented the now-defunct Benicia-based company DC Solar, entered a guilty plea in U.S. District Court in Sacramento on October 14. He admitted to 23 counts of wire fraud, bank fraud, and related offenses connected to one of the largest renewable-energy investment frauds in U.S. history…