Thursday, March 29, 2007

Texas Mobile Home Dealer Pleads Guilty Of Theft

William Alt, aka Billy Alt, owner of the now-defunct mobile home dealer Pleasant Homes of Texas, pleaded guilty to stealing nearly $300,000 in payments made by home buyers, according to a story in the Tyler Morning Telegraph. His firm was given mobile homes by mobile home builders to be sold by him on consignment. He failed to remit to them money paid to him by his customers.

Alt pleaded guilty to two felony counts of theft and two felony counts of misapplication of fiduciary property. For more, see Ex-Owner Of Mobile Home Firm Pleads Guilty To Theft.
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