Biodiesel executive linked to polygamous group kept in jail
SALT LAKE CITY (AP) — One of two executives of a Salt Lake City biodiesel company linked to a polygamous group accused of a $500 million tax credit scheme lost his attempt to get out of jail pending trial.
The Salt Lake Tribune reports that U.S. District Judge Brooke Wells said Friday Isaiah Kingston’s role in transferring $52 million to Turkey shows he’s no pawn in the scheme. Prosecutors say the men are members of the polygamous Kingston group and could flee to Turkey where they have business ties.
Isaiah Kingston and his brother Jacob Kingston both remain jailed. They pleaded not guilty to charges alleging they created false production records to obtain renewable-fuel tax credits and then laundered the proceeds.
Isaiah Kingston’s lawyer Scott Williams showed pictures of his client’s modest, 1,500-square foot house as he made the case that his client is not what prosecutors are portraying.