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.
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.
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.
pleaded guilty to two counts of failure to file a tax return, in 2009 and 2010 on well over $200,000 worth of income.