After his Latin dining concept in Mechanicsville went under, a local restaurateur is taking a chance on a similar venture in the heart of the city.
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First piece of Jefferson's holdings falls to new owner
A big chunk of Billy Jefferson’s real estate empire has changed hands after yesterday’s auction of a Manchester apartment complex.
‘My actions will cost me everything’
Jefferson’s plan to flee the country did not weigh heavily into the judge’s sentencing decision, reasoning that most white-collar criminals with the means to skip town instead of pleading guilty probably consider the idea.
The judge was more upset with Jefferson’s spending of millions of dollars that could have been used for restitution.
Prosecution requests 30 years for Jefferson
Local developer Billy Jefferson is set to be sentenced next week, and the prosecution in the tax fraud case has filed a sentencing request for just seven years shy of the maximum.
Jefferson wants $25 million loan lawsuit tossed
On Wednesday, the imprisoned Billy G. Jefferson Jr. asked the federal court to throw out a civil suit filed in March by a major lender on one of his Manchester apartment properties.
Jefferson hit with another lawsuit
A major lender is coming after an imprisoned Fan landlord personally, claiming he lied about the profitability of one of his Manchester apartment complexes when taking out a $25 million loan for the property.
Three football fields worth of apartments in the works
Veteran local developers Louis Salomonsky and David White have lofty goals for a sprawling warehouse near the Diamond.
Court places more of developer’s properties in receivership
Billy G. Jefferson has lost control over another big chunk of his Richmond real estate holdings.
Bank aims to halt property’s free-fall
Stuck in jail awaiting sentencing for tax credit fraud, Richmond developer Billy G. Jefferson Jr. has another looming problem: a possible foreclosure of one of his apartment properties.
State drops charges against local developer
An embattled local developer facing a federal prison sentence saw his burden get a little lighter in state court Wednesday.