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PA CFC CRIME EARNS HEAVY SENTENCE IN FLORIDA

Release Date: 09/05/97
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FOR RELEASE: FRIDAY, SEPTEMBER 5, 1997
CFC CRIME EARNS HEAVY SENTENCE IN FLORIDA

On Aug. 29, Roland Wood of North Miami Beach, Fla., was sentenced to serve 37 months in prison and three years supervised release and was ordered to pay a $375,000 fine by the U.S. District Court for the Southern District of Florida in Miami. As part of his guilty plea, Wood will forfeit over $13 million in assets including: property in Miami valued in excess of $1.5 million; 11,200 thirty-pound cylinders of chloroflurocarbon gas worth over $6.7 million; almost $5 million in illegal proceeds held in European Banks; an apartment in London valued at $395,000 and stock in a local bank worth over $80,000. Wood, President of Refrigeration U.S.A. of Hallandale, Fla., previously pleaded guilty to illegally diverting 4,000 tons of ozone-depleting CFC refrigerants into commerce in the United States. The case was investigated by EPA’s Criminal Investigation Division, the U.S. Customs Service and the Internal Revenue Service.

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