Oregon fines entrepreneur for biodiesel investment scam

In Oregon, the state’s Department of Consumer and Business Services has fined Robert D. “Bob” Doughty and his companies Inland Pacific Energy Center and Global Alternative Energies Centers  $35,000 for raising $250,000 from 12 investors for a biodiesel and ethanol project in Stanfield that turned out to be a scam. He has alleged having billions in investment already committed and having required permits to begin building the project but the department says neither is true.

Category: Fuels