014: Quiz – Fraudulent Claims for Biofuel Tax Credits

Keystone’s business operations involved which of the following clean energy industries:

David Tielle, Keystone’s former director of business development, received a more lenient sentence because:

When uncertainty arises as to the legality of a particular course of corporate action, decision makers should:

Keystone Biofuels teetered on the brink of bankruptcy in 2009 as a result of which of the following worldwide events:

In the face of the charges against them and Keystone, Wooten and Miner elected to proceed with which of the following strategies:

Government prosecutors proceeded leniently in pursuing Keystone and its principals because all the ill-gotten gains were pumped into the company to keep it alive.

The government alleged that Wooten and Miner created false corporate books and records and sham financial transactions to account for the nonexistent and non-qualifying fuel, in an attempt to create the appearance of legitimacy.