St. George man faces federal charges in alleged cement scheme
A federal grand jury has indicted a St. George man for allegedly promising to supply two companies with large quantities of cement that he then never delivered.
Christopher C. Harris, 46, faces wire fraud, money laundering and failure to pay taxes in connection with the scheme, according to court documents.
Prosecutors say Harris operated a distribution business called Revolution Holdings Inc. that purportedly arranged shipping of commodities throughout the world. Between July 2008 and July 2009, Harris allegedly told two different companies that he had previously purchased and delivered large quantities of cement to other customers and could do the same for them, both false statements. The indictment said Harris received $725,000 from the companies; he used some of the proceeds to buy a home and a boat. Prosecutors also allege Harris failed to filed a federal tax return in 2008.
He faces three counts of wire fraud, each punishable by up to 20 years in prison; two counts of money laundering, which each carry a potential 10-year sentence; and penalty of one year in prison on the tax charge.