Steven Finberg, the former chief operating officer for Adams Produce Co. that fileddeclared bankruptcy and enclosed 2012, was sentenced Thursday to 6 months in prison for failing to report a felony – federal government agreement scams.
United States District Court Judge Scott Coogler stated he would suggest Finberg serve the sentence at a Federal Bureau of Prisons midway house near where he now stays in Texas. Finberg is to report to prison Jan. 4.
Finberg is the last to be sentenced of seven Adams Produce Co. authorities charged in a probe by the FBI of contracts the business had to offer fruits and vegetablesvegetables and fruits for use at military bases and schools.
The judge also purchased that Finberg be accountable for paying restitution of $481,000 to the government.along with 5 other former Adams executives who pleaded guilty in the scheme: John Stephen Alexander, David Andrew Kirkland, Michael John OBrien, Christopher Alan Pfahl, and Joel Stanly Butler.
Finberg paid $75,000 in restitution today.
Another man, former Adams Produce CEO Scott David Grinstead, was sentenced in 2013 to 16 months in jail for his guilty plea to fraud versus Adams Produce, failure to report a felony versus the government, and failure to file federal earnings tax returns.
Grinstead paid $450,000 in restitution to the bankruptcy estate of Adams Produce for the advantage of the companys staff members who were not fully paid due to the fact that of Adams abrupt closing and its filing for bankruptcy
Finberg said sorry to his household, buddies and previous co-workers at the now-shuttered business. There is not a day that goes by that I do not believethink of the fantastic company that was Adams Produce, he said.
Finberg asked the judge to be positionedpositioned on probation so he might stay at home and care for his household.
Finbergs attorney, John Lentine, challenged the sentence, which was the luxury of the advised federal sentencing standards.
Lentine suggested that Finberg should not get a sentence that was longer than what Alexander, the previous chief monetary officer at Adams, got. Alexander was includedassociated with creating false files as part of the scams, he said.
After the sentencing Lentine stated the sentences should be constantcorrespond. The law is to be provided similarly and relatively. That didnt occur today, he stated.
Assistant US Attorney George Martin suggested … continue