DC Solar Ponzi Scheme
How did DC Solar’s billion-dollar solar scheme fool investors?
4.4 (33)
60 mins
Discover how DC Solar attracted investors with the promise of profitable mobile solar generators and strong government-backed demand. Uncover how its business model allegedly depended on new investor money, until the scheme collapsed and billions in losses came to light.
Ep 1:
Selling Air: The Birth of a Billion-Dollar Lie
A broke ex-meth addict from Martinez, California turns a garage-built solar trailer into the seed of a billion-dollar fraud that fooled Silicon Valley and exploited a government tax credit.
Ep 2:
Ghost Generators and Buffett's Billion
The Solar Eclipse generator barely worked, so Jeff Karpov faked its existence with GPS decoys and fraudulent contracts—luring Warren Buffett's Geico and other corporate giants into a spiraling Ponzi scheme.
Ep 3:
NASCAR Dreams Built on Stolen Millions
As the fraud ballooned, Jeff funneled stolen millions into a NASCAR obsession, mansions, and 162 cars, while Paulette enforced secrecy—until an IRS audit and a lavish Pitbull party sealed their fate.
Ep 4:
The Raid, the Reckoning, and the Reflection
175 federal agents raid DC Solar as the scheme collapses, leading to guilty pleas, record forfeitures, and a haunting look at how sophisticated investors and a flawed incentive let it all happen.
Discussions (5)
Samson
Level 3 · 3 days agoran a scam once, forgot the product too
Edgar
Level 5 · 3 days agoSold air, bought NASCAR. Respectable hustle tbh
Cornelius
Level 9 · 3 days agoheard Buffett lost a billion on fake solar trailers lol
