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Background Information

Employment History

Chief Executive Officer
Adams Produce Company, Inc

Web References (33 Total References)

Another man, former Adams ...

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Another man, former Adams Produce CEO Scott David Grinstead, was sentenced in 2013 to 16 months in prison for his guilty plea to fraud against Adams Produce, failure to report a felony against the government, and failure to file federal income tax returns.

Grinstead paid $450,000 in restitution to the bankruptcy estate of Adams Produce for the benefit of the company's employees who were not fully paid because of Adams' abrupt closing and its filing for bankruptcy

White Collar Law Blog - Criminal Law | Parkman & White, LLC

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Just ask Scott Grinstead, the 45-year-old former CEO of Adams Produce, who pleaded guilty to charges of fraud, misprision, and tax evasion in April. Grinstead was sentenced this week to 16 months in federal prison, and ordered to pay $450,000 in restitution.

CEO Scott Grinstead pleaded guilty to knowing what these four executives were up to and doing nothing about it. He also pleaded guilty to wire fraud, another count based on investigators' discovery that he had wired hundreds of thousands of dollars to his personal bank account in order to pay for jewelry, clothing, travel expenses and even a lake house on Lake Martin. Finally, he pleaded guilty to two counts of failure to file a tax return, in 2009 and 2010 on well over $200,000 worth of income.

Scott Grinstead, former CEO ...

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Scott Grinstead, former CEO of Adams Produce, pleaded guilty to knowing about the scheme and not reporting it. Grinstead and the other four former Adams officials, who pleaded guilty to fraud, have been sentenced - Grinstead and three others received prison time.

Federal judges ordered four of the former officials to jointly repay $481,000 to the government. Grinstead was ordered to pay restitution to the bankruptcy estate of Adams Produce to help pay back wages to the company's employees.

On Jan. 29, Adams Produce ...

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On Jan. 29, Adams Produce Chief Executive Officer Scott David Grinstead was also charged with fraud against the company, failure to report a felony against the government and failure to file federal income tax returns.

Adams Produce | Company Directory

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Scott Grinstead ยท Chief Executive Officer Phone: 205-427-0469

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