October 12, 2018

By Bob Coleman
Editor, Fraud Friday

Fraud Friday — Wisconsin Green Energy Fraudster Pleads Guilty to Bank Fraud

Ron Van Den Heuvel. Photo from the Brown County Sheriff’s Office.

A Wisconsin entrepreneur who conned EB-5 investors, banks and an EDC out of $9 million is heading to jail.

Prosecutors want 7 ½ years in exchange for the one bank fraud count guilty plea last week.

Ron’s company Green Box was to convert food-contaminated waste into consumer products with no wastewater or byproducts. Didn’t happen.

Ron diverted a lot of the cash for his personal needs:

  • $44,100 for Green Bay Packers tickets
  • $150,000 to settle legal disputes
  • $133,315 in court-ordered payments to his ex-wife
  • $6,400 toward a mortgage on a Florida home
  • $33,000 for a family member’s dental work
  • $89,000 for a Cadillac Escalade
  • $16,570 to Wisconsin International School for his children’s tuition
  • $52,200 in property taxes
  • $45,000 to settle a lawsuit filed by his former nanny
  • $63,200 in cash

Ron is currently free after being jailed in July for allegedly committing more fraud and intimidating witnesses.

Previous Reporting

Fraud Friday — $9 Million Green Energy Fraud Catches up with Wisconsin Entrepreneur, September 29, 2017

Fraud Friday — Borrower Continues FInancial Fraud while on Bond, Jailed, July 20, 2018