Monday, July 19, 2010

Bioflop generates 60 months prison for Tacker; McRae & Diaz to appeal

Tommy Tacker was sentenced today for his role in the bioflop and has hired former Mississippi Supreme Court Justices Chuck McRae and Oliver Diaz to handle his appeal, Patsy Brumfield reports.
Biodiesel entrepreneur William T. “Tommy” Tacker II of Okolona today was sentenced to 60 months in prison after his conviction to a federal fraud case.

In February, a jury found him guilty on 10 counts in a $2.88 million scheme to defraud a biofuels subsidy program of the U.S. Department of Agriculture.

Co-defendent, disbarred Tennessee attorney Max Speight, 67, pleaded guilty to one count shortly before they were to go on trial. The prosecution’s key witness at Tacker’s trial, he hasn’t been sentenced.

...he has hired new attorneys for his appeal, former Mississippi Supreme Court justices Oliver Diaz and Chuck McRae.

Tacker built a plant to produce biodiesel from soybean oil in Nettleton in 2006.

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