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July 7, 2009 - Industry News

$10.4M Verdict in Biofuel Fraud Trial

MOBILE, AL --- A jury has ordered a biofuel company, Cello Energy, to pay $10.4 million over allegations that the firm fraudulently claimed it could produce cheap fuel from hay, waste wood and other material.

Tags: biofuel, Cello Energy, Parsons & Wittemore Enterprises

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