The Federal grand jury in Tucson brought fraud charges against Daniel Jarrett Ridlinghafer, owner of Psalm 112 LLC, for orchestrating a scheme defrauding homeowners and credit unions. Ridlinghafer is facing 11 counts including Bank Fraud, Wire Fraud, and Mail Fraud based on fraudulent contracts signed with at least 25 homeowners and two federally insured credit unions, as announced by the U.S. Attorney's Office on August 22.
According to allegations, from January 2021 through July 7, 2022, homeowners were convinced to sign up for solar installation services that were never provided, this caused the credit unions to fund loans based on falsified contracts and the indictment charges Ridlinghafer with duping the victims out of a cumulative $695,000.00 after halting all work and failing to deliver the solar equipment that was paid for. Ridlinghafer now potentially faces severe legal repercussions, including up to 30 years in prison and hefty fines if convicted of Bank Fraud.
Ridlinghafer's company, Tucson Solar Pros, operated from Tucson and is now center stage in allegations of a clear betrayal against individuals seeking to embrace green energy alternatives, the justice system conveys. An indictment must be followed by evidence confirming guilt beyond a reasonable doubt in a trial, emphasizing that an individual is presumed innocent until proven guilty.
Investigative efforts from the Federal Bureau of Investigation led to the indictment, while prosecution falls under the responsibility of The United States Attorney’s Office, District of Arizona, Tucson. The case against Ridlinghafer has been filed under CASE NUMBER: CR-2024-05232 TUC-RM.
