About half of 17,000 claimed solar generators did not exist, DOJ says
DC Solar · Mobile solar generators and tax-credit financing (private)
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Document authenticity / direct pull
Would have checked units against manufacturer records and VINs.
Can mislead when: The company can refuse consent, and a refusal is itself a flag. Some banks and co-op banks are not on AA yet.
Counterparty existence
Would have visited units and lessee sites.
Can mislead when: Real companies can be used as pass-throughs. Existence does not prove a real trade, so C6 and C7 still apply.
Bank credits vs books
Would have compared lease payments received with source of funds behind them.
Can mislead when: AA only sees the accounts the company links, so an undisclosed account stays invisible. Cash-heavy businesses and timing differences create false flags.
Where Kubr services would have helped
Financial diligence
Offered in India- C1 Would have compared lease payments received with source of funds behind them.
- C4 Would have visited units and lessee sites.
- C5 Would have checked units against manufacturer records and VINs.
Valuation context
Offered in India- C4 Would have visited units and lessee sites.
Proceeds tracer
Offered in India- C1 Would have compared lease payments received with source of funds behind them.
- C4 Would have visited units and lessee sites.
Verified Snapshot
Offered in India- C4 Would have visited units and lessee sites.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.