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    <title>Aaj TV English News - Trending</title>
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    <copyright>Copyright 2026</copyright>
    <pubDate>Wed, 22 Apr 2026 18:02:37 +0500</pubDate>
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      <title>Woman who led $1 bn solar scam jailed for 11 years</title>
      <link>https://english.aaj.tv/news/30290778/woman-who-led-1-bn-solar-scam-jailed-for-11-years</link>
      <description>&lt;p&gt;&lt;strong&gt;LOS ANGELES: A woman who together with her husband ran a nearly $1 billion solar investment scam has been sentenced to 11 years and three months in prison, justice officials in California said Tuesday.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Paulette Carpoff, 51, had led a vast pyramid scheme with her husband Jeff between 2011 and 2018, attracting almost 20 investors who thought they were financing the development of solar generators.&lt;/p&gt;
&lt;p&gt;The couple pleaded guilty in 2020 to conspiracy to commit wire fraud and money laundering, and Jeff Carpoff was sentenced the following year to 30 years in prison.&lt;/p&gt;
&lt;p&gt;The couple had raised $910 million from 17 investors, but of the 17,000 devices they claimed to have made, at least half did not exist.&lt;/p&gt;
&lt;p&gt;Jeff and Paulette Carpoff had kept at least $140 million for their own use, with which they bought jewelry, 148 cars – including actor Burt Reynolds’ 1978 Firebird – a baseball team, and luxury real estate.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>LOS ANGELES: A woman who together with her husband ran a nearly $1 billion solar investment scam has been sentenced to 11 years and three months in prison, justice officials in California said Tuesday.</strong></p>
<p>Paulette Carpoff, 51, had led a vast pyramid scheme with her husband Jeff between 2011 and 2018, attracting almost 20 investors who thought they were financing the development of solar generators.</p>
<p>The couple pleaded guilty in 2020 to conspiracy to commit wire fraud and money laundering, and Jeff Carpoff was sentenced the following year to 30 years in prison.</p>
<p>The couple had raised $910 million from 17 investors, but of the 17,000 devices they claimed to have made, at least half did not exist.</p>
<p>Jeff and Paulette Carpoff had kept at least $140 million for their own use, with which they bought jewelry, 148 cars – including actor Burt Reynolds’ 1978 Firebird – a baseball team, and luxury real estate.</p>
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      <pubDate>Wed, 29 Jun 2022 11:47:29 +0500</pubDate>
      <author>none@none.com (AFP)</author>
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        <media:title>A photovoltaic solar panel farm.
Photo: Reuters/File.
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