Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
- Buffett's Berkshire Hathaway conglomerate plowed $340 million into mobile solar generators built by the couple's DC Solar business, in order to claim alternative energy tax credits and tax deductions on the devices' depreciation
So glad he got scammed by trying to scam state with tax evasion. Too bad the couple couldnt manage to get away with it
bikeexpert · 1760 days ago · link ·
>the California-based business only made a fraction of the 17,000 generators it claimed to have built, and paid back old investors with new investors' money. I have some uncles that use the same stupid scheme. Of course, at a waaaay lower level. They never have money so they borrow from friends and family and give the money back, you guessed it by borrowing from other friends and family.