Solar Scandals: Hidden Fees, Fraud, and Lawsuits in the Solar Industry
The solar industry is under scrutiny for deceptive practices involving hidden fees and misleading loan structures.
- The Scheme: Companies like GoodLeap and Mosaic offer low-interest solar loans but tack on “dealer fees” of up to 30%. These hidden costs often aren’t disclosed, leaving homeowners paying far more than the panels’ value.
- Fraud Claims: Reports of contracts signed without consent—like an elderly couple signed up using a fake email—add fuel to the fire.
- Legal Action: Four major solar lenders are facing lawsuits in Minnesota for deceptive practices, and regulators may step in if the courts don’t enforce change.
Contractors partnering with solar companies should tread carefully, as these scandals may shake customer trust.
GAF Manager Caught in $1.3 Million Scam
John Laakso, a contractor and engineering manager for GAF in Georgia, has been indicted on charges of wire fraud after allegedly running a fake vendor scam.
- The Breakdown: Laakso created fake vendor accounts to bill GAF for over $1.3 million. He subcontracted real companies for less and pocketed the difference.
- The Fallout: He faces four counts of wire fraud, each carrying up to 20 years in prison.
This case is a stark reminder for companies to tighten oversight of financial transactions to prevent internal fraud.
Immigration Crackdown Looms for Contractors
As Trump and Republican lawmakers signal stricter immigration policies for 2025, the construction industry could face significant challenges.
- Labor Impacts: With immigrants comprising a large portion of the construction workforce, mass deportations could exacerbate labor shortages.
- New Proposals: Missouri Republican David Gregory has introduced a bill offering $1,000 rewards for reporting undocumented immigrants, potentially setting a precedent for other states.
- Contractor Concerns: Prepare for possible workforce disruptions and policy changes that could reshape hiring practices.
Stay informed on these developments, as they will likely have both short-term and long-term consequences for contractors.
OSHA Fines Keep Coming: $260,000 for Repeat Violations
Fino Exteriors, a roofing company with a history of safety violations, has been hit with $260,000 in OSHA fines.
- The Charges: Investigators say the company repeatedly failed to provide fall protections, despite multiple citations since 2020.
- OSHA’s Statement: Officials cited Fino’s “blatant disregard for employee safety.”
Safety regulations may seem like a hassle, but cases like this highlight the real financial and reputational risks of cutting corners.
Good News: Pennsylvania Community Saves Local Firehouse Roof
Ending on a high note, a small Pennsylvania town rallied to repair the roof of their local firehouse. Residents braved freezing conditions to raise funds and pitch in, proving the power of community during tough times.
If you’re up north battling winter weather, stay safe and secure those roofs!
