Thread by @MissMaga2016

Another fraudulent solar panel company, this one out of California.

Michael James Sweaney, founder and owner of Nanotech Engineering, was charged and already pled guilty to mail fraud for raising over $9.5 Million for efficient solar panels that didn’t actually exist.

https://twitter.com/USAO_LosAngeles/status/1321203945906159616

Sweaney and his nephew, who was also charged, used sales people to cold call investors with fake claims that their solar panels cost 1/3 the price and generated electricity 3x more efficiently than others on the market.

They even went so far as to create a prop to make it appear that they’re fake, highly efficient solar panels were real. They also hired an actor & made a video of a fake demonstration.

These geniuses even sent emails talking about how they’d need to spend a lot of money for some sort of equipment or they’d go to JAIL for bilking investors. 😂🤣😂😂

Thanks for the #Receipts!