ATLANTA (AP) -- An Alpharetta man will spend three years and five months in prison for his role in a scheme bilking a Colorado corrections facility project out of nearly $13 million.
U.S. attorney Sally Quillian Yates says Edgar J. Beaudreault Jr.
was part of an elaborate fraud scheme that involved the
construction of a prison.
In 2003, authorities say 61-year-old Beaudreault and San Diego
co-defendant Howard Sperling tricked Cornell Corrections of
California Inc. into transferring $13 million into an Atlanta
account that was supposed to be an escrow account for the purchase price of a Canon City, Colo., facility under construction.
But authorities say the pair actually wired the money to
accounts for their own personal use.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.