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Tag Archives: courts/lawsuits

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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Cal Micro Recycling, others reach CRT cleanup settlements

Published: September 18, 2023
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Warehouse owners in Phoenix have sued dozens of e-scrap companies to try to force them to help pay for the cleanup of abandoned CRT glass. | Google Maps

Four e-scrap companies agreed to pay a combined $937,000 to fund a portion of the cleanup of over 100 million pounds of CRT materials in Phoenix.  Continue Reading

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Amid T-Mobile suit, Belmont Trading files for bankruptcy

Published: September 13, 2023
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On top of the debt held by T-Mobile, Belmont Trading owes money to a shareholder, the U.S. Small Business Administration and several OEMs, according to a court filing from the company. | Nuangthong/Shutterstock

On Friday, T-Mobile asked a judge to order Belmont Trading to pay the $6.08 million that the wireless giant says it’s owed. On Tuesday, Belmont Trading filed for bankruptcy protection.  Continue Reading

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