Virginia man pleads guilty in boat-sale fraud case

Author:
Updated:
Original:

A man faces up to 35 years in prison after pleading guilty to 33 charges related to selling boats at Smith Mountain Lake, Va.

John Alan Arthur, 33, entered an Alford plea in Franklin County Circuit Court to three felony and 30 misdemeanor charges stemming from transactions at a marina near Bridgewater Plaza between August 2008 and June 2010, the Franklin News-Post reported.

An Alford plea is a guilty plea in which the defendant does not admit guilt, but concedes that the prosecution has enough evidence to convict on the charges.

Arthur, of Moneta, Va., was indicted in August 2010 on seven felony counts, including obtaining money under false pretense, perjury of boating documents and forgery of public records, according to the newspaper.

He also was indicted on 35 misdemeanor charges, including failing to pay taxes to the Virginia Department of Game and Inland Fisheries, selling boats without a dealer's license and failing to register boats.

As part of the plea agreement Arthur is required to make restitution of $137,000 to the Virginia Department of Taxation and customers.

He is scheduled to be sentenced in June.

Click here for the full report.

Related

Yanmar Names Power Solutions Division Manager

Carl J. Micu will oversee sales and the development of long-term growth plans.

Lippert Components Rebrands

The company’s core line of marine, RV and commercial products, including Lewmar and Taylor Made, will be branded as Lippert.

‘A Strong Finish to a Strong Year’

Booming demand for boats continued as the year ended, with the industry posting the highest number of sales since 2007.

Culture Summit 2.0

Correct Craft will gather “organizational culture drivers” for its second summit, which will take place virtually March 3.

Quick Hits: January 22, 2021

B.A.S.S. now taking noms for ‘21 Bassmaster High School All-American Fishing Team and Yacht Sentinel teams with Fountaine Pajot to equip its lineup with connected boat technology.

Teak Isle Expands Operations

The Florida-based manufacturer purchased a 45,000-square-foot facility and two additional CNC routers.