Real estate developer gets 10 days in prison for bank fraud
Published: July 18,2013
Tags: bank, bank fraud, banker, banking, Chuck Roberts, Citizens National Bank, court, crime, DeSoto County, developer, judicial, justice, land, law, legal, property, real estate, residential real estate, RH Holdings, sentence, Southaven, subdivision, U.S. District Court
OXFORD — DeSoto County developer Chuck Roberts will serve 10 days in a federal prison in September for his role in a bank fraud scheme involving a Southaven subdivision his company was planning to build.
The Commercial Appeal reports the 46-year-old Roberts said during yesterday’s sentencing hearing in U.S. District Court in Oxford that his actions were not indicative of who he is.
Roberts admitted to submitting fake documents to an area bank and receiving about $489,000 from a loan for work that was never done. He pleaded guilty to one count of bank fraud earlier this year.
U.S. District Judge Michael P. Mills told Roberts that he was giving him as little time in prison as possible for the sake of his children.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- MSU reminding fans that drones are prohibited at football games
- Former DPS employees sentenced for selling bogus driver's licenses
- Politics of paying for transportation: Hand wringing and a lot of talk
- Researchers: Trapping, not hunting, best way to control wild hogs
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- Research on dogs could lead to better understanding of human cancer
- Keesler Medical Center set to begin $74M renovation project
- ONE MORE YEAR: Leaders want year more of study on comprehensive road, bridge upkeep
- Community college dedicating new welding technology center