How a Polygamist Used Biofuel to Steal $500 Million

Jacob Kingston, a member of a controversial Mormon offshoot known as "the Order," pleaded guilty to the largest biofuel scam in U.S. history. This is how he was seduced by a flashy L.A. businessman, and how the partnership ultimately led to their downfall. For more about the biofuel scandal, check out Jesse Hyde and David Voreacos' reporting in Bloomberg Businessweek: https://www.bloomberg.com/news/features/2019-06-24/the-polygamist-who-allegedly-scammed-the-u-s-out-of-a-half-billion-dollars?sref=zU1fOhDr #TrueCrime #Storylines #BloombergBusinessweek -------- Like this video? Subscribe: /Bloomberg Become a Quicktake Member for exclusive perks: /bloomberg/join QuickTake Originals is Bloomberg's official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel QuickTake News for breaking global news and insight in an instant.

Category