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, 3 Others Charged With Mobile-Fuel Fraud

2015-09-26 06:18:53| Air Courier - Topix.net

The SEC alleges fraudulent billing practices at SMF Energy allowed the firm to post profits when it actually lost money. The former CFO of a defunct mobile-fueling company and three other former officers were charged Friday with inflating SMF Energy's revenues by billing customers including United Parcel Service for fuel that was not delivered.

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