Prison Scam

By: Associated Press Email
By: Associated Press Email

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.

WCTV 1801 Halstead Blvd. Tallahassee, FL 32309
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 92489714 -
Gray Television, Inc.