A federal judge in Pittsburgh on Wednesday sentenced the power plant promoter to prison for stealing $5.7 million in federal stimulus funds.
Two Elk Saga 2014
Few could have imagined the extravagant personal enrichment that federal prosecutors exposed as Two Elk’s Michael J. Ruffatto pleaded guilty to felony fraud.
Two Elk developer Michael J. Ruffatto pleaded guilty to criminal fraud Friday in a case federal prosecutors said involved falsely billing millions of dollars to a Department of Energy stimulus project at the Two Elk site near Gillette, monies that
Federal prosecutors have charged Michael J. Ruffatto, developer of the once-proposed Two Elk coal-fired power plant near Gillette, with criminal fraud for bills he submitted under a 2009-2010 federal stimulus grant to research carbon storage on his site in rural