McEntee Brother Gets 2+ Years For Association With CM Development

In Virginia, The Virginian-Pilot reports:

• The mastermind behind a Virginia Beach real estate company that defrauded investors of millions of dollars and left a trail of blighted homes in its wake was led from a courtroom in handcuffs Tuesday and returned to federal prison. U.S. District Judge Jerome B. Friedman told Jacques McEntee that he had never seen “a more blatant disregard” for the terms of probation. He sentenced McEntee to more than two years in prison – nearly the maximum sentence allowed – for working with CM Development, the failed business run by McEntee’s brother, Cary. In 2005, Friedman specifically ordered Jacques McEntee to avoid working in real estate or with his brother.

For more, see Housing-fraud leader sent back to prison for work with CM Development.

Go here for links to earlier Virginian-Pilot stories on CM Development.

Go here for earlier posts on the CM Development real estate flipping operation.