11 Indictments Charge Widespread Fraud in Heating Oil Industry of New York City

From the New York Times

Nearly a dozen indictments unsealed on Tuesday detail a series of racketeering schemes that officials contend reveal widespread, institutional fraud in the heating oil industry across New York City. The fraud has affected hundreds of buildings, prosecutors and regulators said, from churches, schools and hospitals to Rikers Island, courthouses, police precincts and city offices, as well as commercial and residential towers.

The charges, along with a city report being released on Tuesday, portray an industry that prosecutors and regulators say has for decades routinely defrauded many of its customers of as much as 10 percent of the oil that they believed was being delivered. 

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