Brought to you by WBIW News and Network Indiana
Last updated on Thursday, November 19, 2009
(INDIANAPOLIS, IN) - The founder of Premier Properties USA will not spend time in jail.
52-year-old Christopher P. White was sentenced Wednesday to a year on home detention and he must pay back $382,000 dollars to the bank that cleared his company's payroll check.
White was found guilty in august of check fraud, theft and fraud on a financial institution.
Prosecutors said white authorized a half-million dollar check to cover his company's payroll, but an investment deal he had hoped would cover it never materialized.
The kited check, written on a National Bank of Indianapolis account, bounced.
White's company, Premier Properties USA, developed the Metropolis Mall in Plainfield and properties in other states.
1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at firstname.lastname@example.org
© Ad-Venture Media, Inc. All Rights Reserved.
Click here to go back to previous page