Law

Bank takes aim at ‘last man standing’

Bank of Hampton Roads has sued a Richmond developer, alleging that he and his company had a hand in defrauding the bank of more than $13 million on two of Justin French’s construction projects.

‘Unorthodox’ twist in unusual case

Convicted Richmond fraudster John Ross Greer is going back to prison after pleading guilty on Tuesday to scamming customers who thought they were renting exotic vacation properties. And to the surprise of two judges, Greer will keep running the business until he reports to jail.

Cellblock, meet auction block

Some of Justin French’s spoils, including jewelry and more than 60 pieces of artwork, are being auctioned this week by the U.S. Marshals.

SportsQuest facing foreclosure

Shaw Industries Group, the company that manufactured and financed the artificial turf at SportsQuest, is pushing to foreclose on 120 acres at the troubled Chesterfield sports complex.

Oil boom

Fueled by a new round of work on the BP oil spill settlement, Shockoe Bottom-based BrownGreer is hiring 800 people in 18 temporary offices in five states.

Another Norfolk developer charged in massive fraud

Eric Menden, a 53-year-old developer in downtown Norfolk, pleaded guilty Friday to a $41 million bank fraud and tax credit scheme that authorities say contributed to the failure of Bank of the Commonwealth.

Arrest made in $11 million tax credit scheme

Using lessons learned from Justin French’s infamous scheme, state and federal authorities have charged a Norfolk developer with an $11 million tax credit fraud.

A big break for small businesses?

Richmond’s small businesses could be getting a little more spending money if Rep. Eric Cantor (R-Va.) can get his way.