CEO linked to failed wind farm indicted on federal wire fraud, money laundering charges #AR

By National Wind Watch FAYETTEVILLE (KFSM) – The former CEO of a Texas-based company that sought to build a wind farm in Elm Springs has pleaded not guilty to federal fraud charges, according to an indictment unsealed Wednesday (June 5). Jody Douglas Davis and Phillip Vincent Ridings are both charged in U.S. District Court with multiple counts of wire fraud and aiding and abetting; laundering of monetary instruments; and engaging in monetary transaction in property derived from specified unlawful activity and aiding and abetting. Davis . . .

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