Lawyer gets jail time for real estate fraud scheme
Published: August 12,2013
RIDGELAND — A Ridgeland lawyer has been sentenced to nearly four years in prison for fraud.
The July 2011 indictment says Michael Earwood and a partner formed Kinwood Capital Group LLC, a real estate business that operated from 1998 to 2006.
Prosecutors say Earwood asked the partner for money to pay taxes on Kinwood’s property, but transferred the money to another business Earwood controlled. Earwood also was accused of transferring Kinwood property to another business he formed.
Prosecutors say Earwood later filed for bankruptcy for one of those companies.
He pleaded guilty to one count of bankruptcy fraud in August 2012. He was sentenced earlier this month in U.S. District Court in Jackson and ordered to pay $792,228 in restitution.
He must report to prison Sept. 16.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Judge moves McDaniel's lawsuit challenging loss to Cochran
- Tragedy for Jackson Prep: Football player Walker Wilbanks dies
- Officials set hunting dates for birds; expands dove season by 20 days
- TECH 21 — Mississippi's most wanted in technology
- DAVID DALLAS — Mississippi needs one university
- Scientists seeing more invasive trapjaw ants on Coast
- R.J. Allen ranked as fastest-growing company in Mississippi
- Senate election ballot approved as McDaniel's challenge continues
- Trop Greenville ahead of schedule on significant expansion