By Kevin Pinner (July 18, 2022, 9:01 p.m. EDT) – A federal judge in Utah remanded a Turkish businessman Monday after he pleaded not guilty to charges of laundering $133 million in a scheme involving more than $1 billion in federal biodiesel tax credit funds.
Sezgin Baran Korkmaz pleaded not guilty at a hearing on Monday to a 12-count indictment in which the government alleged conspiracy to commit money laundering, wire fraud and obstruction of a official procedure. The hearing was held virtually in U.S. District Court for the District of Utah. Last week, the United States extradited Korkmaz from Austria to Utah, where the government alleged he and three co-conspirators orchestrated…
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