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TexasTowelie

(112,168 posts)
Mon Nov 25, 2019, 02:24 AM Nov 2019

Feds file motion to reclaim $3.73 million from Rusty Cranford corruption scheme; sentencing set for

Feds file motion to reclaim $3.73 million from Rusty Cranford corruption scheme; sentencing set for tomorrow


Prosecutors filed a motion Friday to forfeit assets from Rusty Cranford, the former Arkansas lobbyist who was at the center of a massive web of corruption that led to federal charges against five former state lawmakers.

Cranford pleaded guilty in June to one count of bribery. He is cooperating with the government. His sentencing is set for tomorrow. He could face up to 10 years in prison.

Cranford consented to a money judgment of $3,726,589.73 as part of his guilty plea. He also agreed to forfeit to the U.S. government more than $17,000 in $100 bills that Cranford had in a black backpack at the time of his arrest.

Among the assets the government is seeking to forfeit:

• $95,034.21 in net proceeds from the sale of a house in Osprey, Florida
• A property in North Port, Florida
• $45,667.00 representing Cranford’s interest in a property in Rogers

Read more: https://arktimes.com/arkansas-blog/2019/11/24/feds-file-motion-to-reclaim-3-73-million-from-rusty-cranford-corruption-scheme-sentencing-set-for-tomorrow
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