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EPA allows biodiesel refiners to make up their own serial numbers. They sell the numbers in excel spreadsheets to oil companies. No one ever verifies that the numbers match real barrels of biodiesel. Criminals moved in


People do verify it (that's how this guy was caught). They just can't watch every facility all the time; there are too many.


THANK YOU. >3000 words to 36. These long form articles are not for everyone, a TL;DR summary is always welcome.


That's not really a summary of the article, which is about a particular company.

And the article itself already has a nice condensed explanation of the fraud: http://www.bloomberg.com/features/2016-fake-biofuel-factory/...




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