<\/a>Paulette Carpoff played an integral part in a massive criminal fraud scheme. Knowing that DC Solar at best could only expect to lease a tiny fraction of its mobile solar generators, she continued the lie about the high demand for DC Solar\u2019s products,\u201d said U.S. Attorney Talbert. \u201cThanks to the hard work of attorneys in this Office and agents in the investigating agencies, this fraud was stopped and millions of dollars have been recouped. It is my hope that Carpoff\u2019s sentence will afford adequate deterrence to criminal conduct and the need to protect the public from further crimes of the defendant and promote respect for the law.\u201d<\/p>\n\u201cMrs. Carpoff participated in and enjoyed the spoils of an egregious, complex fraud scheme that provided the Carpoff family and associates with a luxurious lifestyle and esteemed position in the community at the expense of their community and business contacts,\u201d said Acting Special Agent in Charge Dennis Guertin of the FBI Sacramento Field Office. \u201cComplex cases like these are truly a team effort. I am grateful to the dedicated FBI special agents, forensic accountants and professional staff who worked tirelessly\u00a0to investigate this case in concert with our equally dedicated partners at IRS Criminal Investigation, FDIC Office of Inspector General, and U.S. Attorney\u2019s Office. Our office is deeply committed to identifying and investigating financial fraud. We encourage anyone who is aware of fraud to reach out to our office or submit a tip by calling 1-800-CALL-FBI or submitting information online at tips.fbi.gov.\u201d<\/p>\n
\u201cThe Chief Operating Officer of DC Solar, Paulette Carpoff, who indulged herself in luxury goods while engaged in lies and deceit, is not an innocent spouse but rather an active conspirator who played a significant and integral role in the largest Ponzi scheme in the Eastern District of California,\u201d said IRS Criminal Investigation Special Agent in Charge Mark H. Pearson. \u201cHer lies and deception finally caught up to her, as her hunger to amass ill-gotten wealth and material goods led her astray. Today\u2019s sentencing sends a clear message of \u2018you will be held accountable\u2019 to those involved in schemes to defraud. This case and the outcome is representation of the great work being accomplished when collaborating with our federal partners: the Federal Bureau of Investigation, the Federal Depository Insurance Corporation Office of Inspector General, and the United States Attorney\u2019s Office, EDCA.\u201d<\/p>\n
\u201cToday, Paulette Carpoff was sentenced and held accountable for conspiring with others to carry out a Ponzi scheme that defrauded investors of approximately $1 billion and funded her and her husband\u2019s lavish lifestyle,\u201d said Special Agent in Charge Jeffrey D. Pittano of the Federal Deposit Insurance Corporation Office of Inspector General (FDIC OIG). \u201cThe FDIC OIG is committed to working with our law enforcement partners to bring to justice those who undermine the integrity of the Nation\u2019s financial system.\u201d<\/p>\n
This case was the product of an investigation by the Federal Bureau of Investigation, IRS\u00a0Criminal Investigation, and the Federal Deposit Insurance Corporation Office of Inspector General. Assistant U.S. Attorneys Christopher S. Hales and Kevin C. Khasigian prosecuted the case.<\/p>\n
On Nov. 9, 2021, Jeff Carpoff was sentenced to 30 years in prison and ordered to pay $790.6\u00a0million in restitution for conspiracy to commit wire fraud and money laundering.<\/p>\n
On Nov. 16, 2021, Joseph W. Bayliss, 46, of Martinez, was sentenced to three years in prison and ordered to pay $481.3 million in restitution for securities fraud and conspiracy in connection with the DC Solar scheme. On April 12, 2022, DC Solar CFO Robert A. Karmann, 55, of Clayton, was sentenced to six years in prison and ordered to pay $624 million in restitution. On May 31, 2022, former DC Solar employee Alan Hansen was sentenced to eight years in prison and ordered to pay $619 million in restitution.<\/p>\n
Two defendants have pleaded guilty to criminal offenses related to the fraud scheme and are scheduled for sentencing: Ryan Guidry, 45, of Pleasant Hill, is scheduled to be sentenced on July 26, 2022, and Ronald J. Roach, 55, of Walnut Creek, is scheduled to be sentenced on Sept. 13, 2022. Guidry faces a maximum statutory penalty of 15 years in prison. Roach faces a maximum statutory penalty of 10 years prison. The actual sentences, however, will be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables.<\/p>\n","protected":false},"excerpt":{"rendered":"
Department of Justice U.S. Attorney\u2019s Office press release SACRAMENTO, Calif. \u2014 U.S. District Judge John A. Mendez sentenced Paulette Carpoff, 51, of Martinez, to 11 … <\/p>\n","protected":false},"author":1,"featured_media":5615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[3],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/martinezgazette.com\/wp-content\/uploads\/2018\/12\/carpoffs.jpg","jetpack_shortlink":"https:\/\/wp.me\/p9Ntvs-44I","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/posts\/15668"}],"collection":[{"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/comments?post=15668"}],"version-history":[{"count":6,"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/posts\/15668\/revisions"}],"predecessor-version":[{"id":15674,"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/posts\/15668\/revisions\/15674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/media\/5615"}],"wp:attachment":[{"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/media?parent=15668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/categories?post=15668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/martinezgazette.com\/wp-json\/wp\/v2\/tags?post=15668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}