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Allen Mead Ferguson gave his plea in federal court Wednesday on charges of mail fraud and money laundering. He faces up 40 years in federal prison.
Allen Mead Ferguson gave his plea in federal court Wednesday on charges of mail fraud and money laundering. He faces up 40 years in federal prison.
The bankrupt former head of a Richmond investment firm is facing federal criminal charges more than a year after admitting he lied to several banks about his wealth to keep borrowing money.
A local developer and a Northern Virginia rug cleaning company purchases the business interests and commercial real estate of a prominent bankrupt Richmond couple at auction. And already one developer is planning to put in apartments in Oregon Hill.
The business interests and commercial real estate holdings of two bankrupt Richmond socialites will be auctioned off in the coming months.
Even one of Richmond’s most prominent families could not sustain a lifestyle that was running a $20,000 deficit every month.
The former head of one of Richmond’s old guard investment banking firms has filed Chapter 11 bankruptcy, listing millions in debts to creditors that include local banks and some friends.
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