It has been a rocket-slide fall for Green Power CEO Michael Spitzauer, who remains in federal custody after he was charged last month with wire fraud, aggravated identity theft and money laundering, as last week Spitzauer's lease expired with the Port of Pasco where he said he was building a plant to convert 100 tons a day of municipal solid waste into liquid and gaseous synthetic fuel.
It's just the latest in a long series of legal troubles for Spitzauer
who has been sued by investors and suppliers, convicted of lying on an immigration form and served prison time in Austria for a fraud conviction, as well as being investigated by the state for lacking air quality permits.
accused of defrauding investors of at least $6.7 million in the past seven years, although his
debts reportedly total more than $28.4 million including interest, according to court, county and state documents.