Obituary – Death – Cause of Death News :
In a shocking turn of events, Parker County Sheriff’s Criminal Investigators have apprehended a man involved in a trust fraud and theft scheme related to a local construction company. The victim had hired One Time Construction Texas, LLC., to build her house at the beginning of 2021. However, by July of the same year, she received notifications from several local business contractors regarding liens being placed on her property for non-payment.
You may also like to watch : Who Is Kamala Harris? Biography - Parents - Husband - Sister - Career - Indian - Jamaican Heritage
It was discovered that HVAC funds were taken from the trust account but were never delivered to the victim. Various subcontractors, including roofing and lumber companies, had filed liens totaling $23,762.08. The investigation revealed that the owner of One Time Construction, LLC, 49-year-old Shay Allen Fretwell, had allegedly kept the funds for personal use instead of paying the subcontractors.
Fretwell was charged with two felony counts of misapplication of trust funds and felony theft of property. He was taken into custody on July 9 and later posted a $35,000 bond. This incident serves as a reminder to always be cautious when dealing with contractors and to thoroughly vet them before entering into any agreements.
Construction contractor arrested in fraud and theft scheme, not paying subcontractors or supply house with victim’s money | News
It’s a story that seems all too common these days – a construction contractor arrested for fraud and theft, leaving subcontractors and supply houses in the lurch. In this case, the contractor in question was accused of taking money from victims and not paying the subcontractors or supply houses with the funds.
Who is the construction contractor in question?
The construction contractor at the center of this scandal was known for taking on large projects in the area. They had built a reputation for themselves as a reliable and trustworthy contractor, which is why it came as such a shock when news of their arrest broke.
You may also like to watch: Is US-NATO Prepared For A Potential Nuclear War With Russia - China And North Korea?
What were they arrested for?
The contractor was arrested on charges of fraud and theft. It is alleged that they took money from clients for projects and then failed to pay the subcontractors or supply houses that were supposed to be paid with that money. This left many people out of pocket and struggling to complete the work that had been promised to them.
How did this scheme unfold?
The scheme unfolded over a period of time, with the contractor taking on more and more projects without having the funds to cover them. They would take money from clients for one project and then use that money to pay for another project, creating a vicious cycle of fraud and theft.
What were the consequences of their actions?
The consequences of the contractor’s actions were severe. Many subcontractors and supply houses were left unpaid, leading to financial hardship for those involved. Some were forced to lay off employees or even close their doors due to the lack of payment.
How did the victims react to the news?
The victims of the contractor’s scheme were understandably outraged. Many had trusted the contractor to complete the work they had been hired for, only to be left high and dry when the money disappeared. Some have filed lawsuits against the contractor in an attempt to recoup their losses.
What steps are being taken to address the situation?
Authorities are taking the case seriously and are working to hold the contractor accountable for their actions. Investigations are ongoing to uncover the full extent of the fraud and theft, and steps are being taken to ensure that something like this does not happen again in the future.
In conclusion,
This case serves as a cautionary tale for anyone looking to hire a construction contractor. It is important to do thorough research and vetting before entering into any agreements, to protect yourself from falling victim to fraud and theft schemes. Hopefully, justice will be served in this case, and the victims will be able to recover some of their losses.
Sources:
