Steve Clary Set to be Sentenced Next Week

by Arkansas Business Staff  on Monday, Sep. 16, 2013 12:00 am  

Steve Clary

Roger S. “Steve” Clary, the bankrupt former real estate developer from Little Rock, is scheduled to be sentenced on Thursday, Sept. 26.

He pleaded guilty in federal court in February to a single count of mail fraud for misusing part of a bank loan back in 2008. He was originally charged with five counts in July 2010, but the other counts were dismissed as part of his plea deal.

Federal sentencing guidelines suggest a prison sentence of 33-41 months in federal prison, although Clary and his public defender have asked U.S. District Judge Leon Holmes for leniency.

 

 

Please read our comments policy before commenting.
Search

Latest Arkansas Business Poll

Did the Fed make the right call on interest rates?