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  "documentTitle": "Sunnova Energy International Inc. (NOVA)",
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      "text": "In June 2017, the FBI raided Code Green Solar, a Sunnova partner. When the Company collapsed in 2018, we found it owed Sunnova $15 million.",
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      "text": "N.J. Solar Company Made Millions. Here's What's Behind Its Dramatic Downfall Sep 1, 2018",
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      "text": "FBI Agents Descend On Solar Company Headquarters – June 27, 2017",
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      "text": "United States Attorney's Office District Of New Jersey",
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      "text": "President And Chief Executive Officer Of Now-Defunct Code Green Solar LLC Admits Wire Fraud Scheme",
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      "text": "In June 2017, the FBI raided Code Green Solar, a Sunnova partner. When the Company collapsed in 2018, we found it owed Sunnova $15 million. Compared to Sunnova's Q1 2018 revenue of $19.8 million, we believe Code Green was a major partner of Sunnova at the time. According to Code Green's CEO, 94% of solar arrays were built with Sunnova. In May 2019, Code Green Solar CEO Charles Kartsaklis pleaded guilty to wire fraud and defrauding the U.S. Treasury Department by falsely claiming the Company had installed solar panels and manufactured fraudulent documents.",
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      "text": "The nail in the coffin came a month ago when an arbitrator decided the company had to pay $15 million to its funding partner, Sunnova, over a contract dispute. It was a big blow as 94 percent of Code Green's solar arrays were built with Sunnova, Kartsaklis said. He reduced his workforce -- that had peaked at 600 -- to about 140 people, he said.",
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      "text": "CAMDEN, N.J. - A former Camden County, New Jersey, man today admitted perpetrating a long-running scheme to defraud the U.S. Treasury Department of millions of dollars by falsely claiming federal rebates for solar panels his company never installed, U.S. Attorney Craig Carpenito announced.",
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      "text": "The bureau's Philadelphia Division confirmed that FBI personnel were \"conducting court-authorized law enforcement activity\" at Code Green Solar headquarters at 523 Hollywood Ave. Wednesday.",
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      "text": "A former Camden County, New Jersey, man today admitted perpetrating a long-running scheme to defraud the U.S. Treasury Department of millions of dollars by falsely claiming federal rebates for solar panels his company never installed. — U.S. Attorney's Office District of New Jersey",
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      "text": "Source: NJ.com, US Department of Justice",
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      "text": "Dealer Counterparty Risk (continued)",
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