James Bolt Pleads Not Guilty, Trial Scheduled

James Bolt Pleads Not Guilty, Trial Scheduled
Jim Bolt

James W. Bolt of Rogers was arraigned Monday in U.S. District Court in Fayetteville, where he pleaded not guilty to a 12-count indictment for wire fraud, mail fraud and money laundering.

The indictment, handed down by a grand jury last Wednesday, replaces and mirrors a criminal complaint filed by the FBI on Aug. 29. It describes a sophisticated scheme in which Bolt twice forged documents in order to claim property that was listed as unclaimed by the state of California.

More: Click here (PDF) to read the indictment.

A trial date of Nov. 18 was set. Bolt was determined to be a flight risk and is being held in the Benton County Jail.

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