Mississippi Business Journal » biodiesel

Former investors sue over fraudulent biodiesel company

Associated Press — Wed, 27 Feb 2013 18:01:07 +0000

PONTOTOC — Two former investors in a biodiesel operation in north Mississippi have sued a Tennessee partner alleging they were duped into getting involved in a scam that defrauded a federal subsidy program. The Northeast Mississippi Daily Journal reports W. Tommy Tacker II and Janey Tyner, both of Martin, Tenn., are seeking compensatory and punitive [...]

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Norfolk Southern signs biodiesel agreement for rail yard

MBJ Staff — Thu, 16 Feb 2012 18:44:05 +0000

MERIDIAN — Dynamic Fuels, LLC and Mansfield Oil Company have signed an agreement to supply renewable diesel to Norfolk Southern Corporation, a transporter of coal and industrial products. Norfolk Southern has primarily been using a Dynamic Fuels renewable diesel at its Meridian rail yard since early January. Dynamic Fuels, a 50/50 venture owned by Tyson [...]

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Ex-attorney sentenced for biodiesel scam

Associated Press — Fri, 03 Sep 2010 15:12:14 +0000

ABERDEEN — A disbarred Tennessee attorney gets a 26-month sentence for defrauding a federal biofuels subsidy program. The Northeast Mississippi Daily Journal says 67-year-old H. Max Speight was sentenced yesterday in federal court. Speight and William T. “Tommy” Tacker II of Okolona were partners in Biodiesel of Mississippi Inc., which built a soybean biodiesel refinery [...]

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Tacker to be sentenced Monday for biodiesel scam

Associated Press — Fri, 16 Jul 2010 14:47:00 +0000

ABERDEEN — William T. “Tommy” Tacker is scheduled to be sentenced Monday for defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money for a plant in Mississippi. Tacker was convicted in February in federal court in Aberdeen. He faces up to 50 years in prison. The government says Tacker and [...]

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Tacker found guilty of bilking USDA

Associated Press — Thu, 25 Feb 2010 15:50:56 +0000

ABERDEEN — William T. “Tommy” Tacker has been convicted of defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money for a plant in Mississippi. Tacker was convicted Wednesday in federal court in Aberdeen and faces up to 50 years in prison. Testimony began Monday in the case of the 56-year-old [...]

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Tacker’s biodiesel trial underway

Associated Press — Wed, 24 Feb 2010 12:41:37 +0000

NETTLETON — A federal trial is underway for a man accused of defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money. Testimony began Monday in the case of 56-year-old William T. “Tommy” Tacker. He’s accused of 10 counts of conspiracy, fraud and wrongful profiting. The government says Tacker and a [...]

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Ex-lawyer pleads guilty in biodiesel case

Associated Press — Mon, 15 Feb 2010 12:47:42 +0000

ABERDEEN — A former Tennessee lawyer has pleaded guilty to one count related to his role in defrauding the U.S. Department of Agriculture out of $2.8 million in bioenergy subsidy money. H. Max Speight entered the plea in federal court in Aberdeen. Assistant U.S. Attorney Robert Mims told Judge Glen H. Davidson that a “supplemental [...]

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