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SALT LAKE CITY (AP) — Two executives of a Salt Lake City biodiesel company linked to a polygamous group are pleading guilty to charges filed in a $511 million tax credit scheme.
Court documents made public on Friday show Jacob Kingston and Isaiah Kingston with the company Washakie Renewable Energy have pleaded guilty to charges including money laundering, mail fraud and conspiracy.
Their company once described itself as the largest producer of clean burning and sustainable biodiesel in the state. But prosecutors say they were actually creating fake production records to get renewable-fuel tax credits from 2010 to 2016, then laundering the proceeds.
Prosecutors say the men are members of the polygamous Kingston group and have business ties to Turkey.
Attorneys for the two did not immediately return messages seeking comment.
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