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Man accused of defrauding SF company

Updated: Friday, 15 Jun 2012, 1:31 PM MDT
Published : Friday, 15 Jun 2012, 1:31 PM MDT

ALBUQUERQUE (AP) - A Washington, D.C., man has pleaded not guilty to allegedly defrauding a Santa Fe company.

The U.S. Attorney's Office says 59-year-old Daryl J. Hudson III was arraigned Thursday in federal court in Albuquerque on seven counts of wire fraud.

Authorities say Hudson is accused of falsely making Bluenergy Solarwind Inc., a manufacturer of green energy-related equipment, believe he could secure debt funding for the company.

They say Hudson, who is CEO of a company that helps start-up businesses obtain funding, provided Bluenergy with false documents in 2011 to get a $85,000 retainer.

Prosecutors say Hudson used telephone calls and emails to carry out his scheme.

If convicted, Hudson could face up a maximum penalty of 30 years in prison.

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