Executive Recycling criminal case winds up
Executive Recycling, a company that once had a location in Englewood, and its president Brandon Richter of Highlands Ranch were sentenced July 23 for their roles in a fraudulent scheme involving the disposal and exportation of electronic waste to foreign countries.
According to a press release from the U.S. attorney’s office, U.S. District Court Judge William Martinez sentenced the company to pay a $4.5 million fine and serve three years on probation. The judge also sentenced Richter, owner and CEO of the company, to pay a $7,500 fine, $70,144 in restitution and serve 30 months in federal prison.
The release stated the company and its owner were convicted December 2012 of multiple counts of mail and wire fraud as well as environmental crimes related to the illegal disposal of electronic waste, smuggling and obstruction of justice.
Additionally, the report stated that on July 17, Tor Olsen of Parker, former executive vice president of Executive Recycling, was sentenced to serve 14 months in prison and to pay a $5,000 fine and more than $15,000 in restitution.
According to the press release, Executive Recycling operated an electronic waste recycling business on South Platte River Drive in Englewood. The company collected a fee to accept electronic items from private individuals, businesses and government entities to be recycled.
However, the press release stated the investigation discovered a significant portion of the electronic waste included cathode ray tubes containing lead were sold and exported to China and Third World countries. The illegal shipping of electronic waste overseas was highlighted in a 2008 report on the television program “60 Minutes.”
A federal investigation was launched and the release stated the company illegally offered to help an undercover investigative team ship more than 1,500 cathode ray tube monitors and 1,200 cathode ray tube television sets to Hong Kong for recycling purposes.
In the release, U.S. Attorney John Walsh said the defendants in the case not only caused actual harm to the environment by shipping electronic waste overseas for dumping, they defrauded their customers by falsely claiming to be disposing of the waste in an environmentally safe way.
“A case like this one shows federal investigators and the U.S. Attorney’s Office can and will reach beyond our country’s borders to investigate crime and prosecute wrongdoers,” he said.