Homebuilder fined, ordered to repay SBA $1 million
by Associated Press Published: June 6,2012
Tags: construction, Louisiana, Mississippi, Mississippi Business Journal, Planetta Custom Homes, Small Business Administration, Victor Planetta
GULFPORT — A federal judge has ordered homebuilder Victor Planetta Sr. to pay $1 million in restitution and fined him $250,000 for making false statements to get a disaster-relief loan after Hurricane Katrina. Planetta, owner of Planetta Custom Homes in Slidell, La., faced up to five years in prison for providing fraudulent information for a [...] [...]
