Tuesday, April 13, 2010
Former Eastern Ky. Business Founder Pleads Guilty
KENTUCKY....
Former eastern Kentucky businessman, 62 year old Bill D. Deaton, founder of Image Entry, pleaded guilty Tuesday in Texas to conspiracy to commit wire fraud. Deaton admitted transmitting false information as part of a scheme to inflate Image Entry's earnings so he could get more money when he sold it to a Texas company for $32.8 million in 2001. Image Entry, a data-entry firm, once employed hundreds of people in eastern and southern Kentucky.
Former eastern Kentucky businessman, 62 year old Bill D. Deaton, founder of Image Entry, pleaded guilty Tuesday in Texas to conspiracy to commit wire fraud. Deaton admitted transmitting false information as part of a scheme to inflate Image Entry's earnings so he could get more money when he sold it to a Texas company for $32.8 million in 2001. Image Entry, a data-entry firm, once employed hundreds of people in eastern and southern Kentucky.
# posted by Homer Owens @ 10:04 PM 
