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Tag Archives: courts/lawsuits

US circuit board processor files for bankruptcy

Published: February 20, 2025
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Closeup of electronic circuitboard.

The California-based company developed printed circuit board processing technology and owned ITAD firm Stream Recycling Solutions. | Raigvi/Shutterstock

Camston Wrather, a California-headquartered company that developed printed circuit board processing technology and owned ITAD firm Stream Recycling Solutions, filed for Chapter 7 bankruptcy this month, indicating the company will liquidate its assets to pay creditors. Continue Reading

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ITAD employee admits to stealing and reselling devices

Published: February 13, 2025
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The thefts involved laptops, tablets, smartphones and more, retired from government agencies and contractors. | Suttirat Wiriyanon/Shutterstock

A driver who worked on IT asset disposition jobs at Wisetek recently pleaded guilty to stealing assets – including sensitive federal government devices – during disposition jobs in 2023, representing a significant ITAD-related data breach.
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Wisconsin CRT stockpile: ‘Like a bomb went off’

Published: December 12, 2024
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Electronics were stockpiled inside a dilapidated Wisconsin warehouse for 10 years but are finally being removed. | All photos courtesy City of West Bend

Sandwiched between a quiet residential neighborhood and a tree-lined multi-use trail, a 10-year-old cathode ray tube and assorted e-scrap stockpile in West Bend, Wisconsin, is finally being removed and disposed of at an estimated cost of $3.2 million. Continue Reading

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Former e-scrap CEO loses federal appeal

Published: September 12, 2024
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A federal judge recently ruled that Kevin Shibilski, a former executive at 5R Processors, was appropriately sentenced. | Proxima Studio/Shutterstock

A federal judge recently rejected an appeal by the leader of failed Wisconsin e-scrap firm 5R Processors, who is currently serving a sentence for tax crimes. Continue Reading

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Closed Loop CRT settlements in Arizona reach $10.8 million

Published: June 13, 2024
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As of June 2024, Arizona landlords of former Closed Loop sites have recovered $10.8 million toward the cost of cleaning up CRT stockpiles left by the company. | Photo from a cleanup plan prepared by Wood Environment & Infrastructure Solutions.

A number of processors that supplied cathode ray tube glass to multiple Arizona warehouse locations leased by failed downstream outlet Closed Loop Refining and Recovery have settled in a major lawsuit filed by the landlords of the property. Continue Reading

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Nonprofit director sentenced for e-scrap grant fraud

Published: April 11, 2024
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The nonprofit leader submitted false documents, including altered check images and fictitious invoices, to secure funds. | Proxima Studio/Shutterstock

The former head of a Nebraska nonprofit will serve four months in prison after she admitted to submitting fraudulent documents to secure public grant funds meant for electronics recycling collection events. Continue Reading

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Failed e-scrap venture tangled in securities fraud

Published: January 24, 2024
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E-Waste Corporation’s stock price surged by nearly 20,000% as a result of fraudulent stock manipulation, according to the Securities and Exchange Commission. | Olivier Le Moal/Shutterstock

A man has pleaded guilty for his role in a stock manipulation scheme that artificially inflated the value of E-Waste Corporation, an unsuccessful electronics processing startup, to $120 million, despite the company having no operations or revenue. Continue Reading

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Defendants to pay over $2M in Arizona CRT case

Published: December 6, 2023
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The legal settlements were the latest in the Closed Loop Refining and Recovery CRT abandonment case in Phoenix. | Justin Pinkney/Shutterstock

Three e-scrap companies will pay a combined $2.2 million to help fund the cleanup of millions of pounds of CRT materials abandoned by Closed Loop Refining and Recovery in Phoenix.  Continue Reading

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N.Y. recyclers sentenced for improper e-scrap processing

Published: October 4, 2023
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Court gavel on desk with books in background.

The investigation began when a large amount of e-scrap, including televisions and CRT monitors, was reported abandoned in Seneca County, N.Y. | Aerial Mike/Shutterstock

Several recyclers have been formally convicted in New York state for illegally processing and disposing of hundreds of tons of e-scrap, the result of an investigation that started in 2015.  Continue Reading

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