Biofuel developer being sued again

Published 12:00 am Thursday, March 5, 2009

NATCHEZ — Biofuel developer John Rivera is being sued for fraud — again.

The most recent suit, filed Feb. 27, alleges Rivera intentionally defrauded Borneo Energy Sendirian Berhad.

Borneo Energy, headquartered in Kuala Lumpur, Malaysia, is being represented Baker Botts L.L.P., a Texas-based law firm.

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The suit maintains that Rivera, now acting as Board Chair and Chief Visionary Officer, of Sustainable Power Corp., knowingly committed securities fraud, common-law fraud and breach of contract.

Borneo energy is also seeking more than $1 million damages.

In a similar case, heard in an Adams County court, Rivera was ordered to pay restitution to a Canadian investor.

The judge in that case found he defrauded the investor in a biofuel development scheme.