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Chief Executive Officer
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
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.
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.
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