Wednesday, February 11, 2009

Georgia Businessman Accused Of Racketeering & Embezzlement

William David Ramsbottom Jr., 43, of Macon, Georgia, has been charged in a 118-count indictment with racketeering, money laundering, bank fraud and forgery in connection with the alleged embezzlement of some $421,000 from real estate clients. Ramsbottom was a managing partner in two real estate management companies, including The Ramsbottom Company, and he is alleged to have diverted client rent monies and other funds for his own benefit. He is currently held on $110,000 bond at the Bibb County jail.

Read the story here, here and here.

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