NEWS ARCHIVE

Arrest over alleged false oil spill claim

A NORTH Carolina man has been arrested over allegations he made a fraudulent claim on the fund set up to compensate victims of the 2010 BP Deepwater Horizon spill.

Arrest over alleged false oil spill claim

Micahel Rosella, 45, has been charged by the grand jury in the District of Columbia on one count of mail fraud, three counts of wire fraud and two counts of money laundering.

The charges are merely accusations, meaning Rosella remains innocent until proven guilty.

The charges specifically pertain to the allegation that Rosella submitted a claim for $US2.3 million ($A2.9 million) to the Gulf Coast claims facility on behalf of a factitious entity called the Bayou Barataria Sportsmen's Resort.

Rosella allegedly claimed that the resort was a successful hotel and sport fishing business in Louisiana which suffered lost profits due to the spill.

The documents submitted by Rosella allegedly contained false affidavits of the resort's owners, federal tax filings, state sales tax records, financial statements and invoices.

Meanwhile BP appealed a court ruling on the amount of oil spilt in the accident, claiming the court's previous ruling of 3.19 million barrels should be downgraded to 2.45MMbbl.

The US government has put the spill higher at 4.19MMbbl.

A separate recent court decision capped the maximum fine for BP at $4300 for each barrel discharged into the ocean, with BP having hoped for $3000 a barrel.

The current maximum fine BP is facing is $13.7 billion.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry