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This profile was last updated on 2/19/15  and contains information from public web pages and contributions from the ZoomInfo community.

Scott David Grinstead

Wrong Scott David Grinstead?

Employment History

32 Total References
Web References
Scott Grinstead, former CEO ..., 19 Feb 2015 [cached]
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.
White Collar Law Blog - Criminal Law | Parkman & White, LLC, 24 Nov 2013 [cached]
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.
As The Produce Newsreported ..., 21 Mar 2014 [cached]
As The Produce Newsreported this past October, Scott David Grinstead, the former chief executive officer of Adams Produce, was sentenced to 16 months in prison Oct. 29.
On Jan. 29, Adams Produce ..., 1 May 2012 [cached]
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.
Scott Grinstead sentenced to 16 ..., 31 Oct 2013 [cached]
Scott Grinstead sentenced to 16 months in Adams case
Scott David Grinstead, the former chief executive officer of Adams Produce Co. in Birmingham, AL, was sentenced to 16 months in prison Oct. 29, which was significantly less than sentencing guidelines.
Birmingham attorney William Athanas told The Produce News Oct. 30 that as part of the proposal in which the former CEO pleaded guilty to fraud and other charges, Grinstead paid almost double restitution to the estate of Adams Produce during the bankruptcy proceedings for that company.
Additionally, Grinstead continues in a recovery program at his church.
Grinstead pleaded guilty earlier this year to fraud against Adams Produce, failure to report a felony against the government and failure to file federal income tax returns.
Grinstead was not accused of initiating the fraud against the government, but rather for allowing it to continue and ending slowly once he discovered it.
With regard to Grinstead using company funds for his own benefit, in his sentencing memo Athanas painted a picture of an executive who consistently blurred the lines between his own assets and liabilities and those of the company.
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