A Judge in Pittsburgh is set to sentence Michael Ruffatto on Tuesday for a massive criminal fraud associated with his failed Two Elk power plant.
Feds request minimum 3-year sentence for fraudster who employed Enzi’s son.
Admitted fraudster seeks to sell sprawling Colorado estate and power plants to repay millions.
Two Elk promoter faces five-year term for spending federal grant funds on jewelry, carpets, and his 10-bathroom, $13-million home in suburban Denver.
Few could have imagined the extravagant personal enrichment that federal prosecutors exposed as Two Elk’s Michael J. Ruffatto pleaded guilty to felony fraud.