Saturday, July 10, 2010

 

Computer Executive Convicted


WEST VIRGINIA....
Ohio computer executive, 41-year-old James Larry Hymer, has been convicted for misleading investigators about a scheme involving public funds intended to bring broadband Internet service to rural areas of West Virginia and Ohio. Prosecutors say he misled a government auditor checking up on a $3.3 million U.S. Department of Agriculture loan issued to Sequelle Communications Alliance Inc. in 2002 and of lying to investigators in 2007. Three others, Heidi Laughery, the project's CEO, Alan Michael McPeek, its chairman of the board, and subcontractor Scott Truslow have pleaded guilty to charges related to the misappropriation of more than $2.4 million, mostly to form a new company designed to market Sequelle's "Internet in a box" concept nationally. A sentencing date for Hymer has not been set.






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