NewsOctober 17, 2004
Man admits Branson scheme
SPRINGFIELD, Mo. -- A Tennessee man has admitted to marketing fake time-shares at two Branson hotels, bilking investors out of more than $20 million, the U.S. Attorney's Office said. Dennis Ray Weaver, 55, of Jackson, Tenn., pleaded guilty Thursday to a mail fraud charge, according to U.S. Attorney Todd Graves...
The Associated Press
SPRINGFIELD, Mo. -- A Tennessee man has admitted to marketing fake time-shares at two Branson hotels, bilking investors out of more than $20 million, the U.S. Attorney's Office said. Dennis Ray Weaver, 55, of Jackson, Tenn., pleaded guilty Thursday to a mail fraud charge, according to U.S. Attorney Todd Graves.
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Weaver faces up to 20 years in prison; a sentencing date has not been set. He could also be ordered to pay restitution.
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