Monday, March 06, 2017

Dad's $200K Restitution Payment Buys Out Jail Time For Thieving Real Estate Agent/Son Who Fleeced Couple Out Of $150K; Prosecutor Reduces Potential Felony Conviction To Misdemeanor

In Fenton, Michigan, the Tri-County Times reports:
  • Since he paid restitution of $200,000 to his victims, Thomas (Tommy) Tubbs, 45, of Grand Blanc has fulfilled the conditions of his plea agreement.

    According to the agreement, made in August of last year, the Genesee County prosecutor agreed to reduce the charge to a misdemeanor of larceny $200 to $1,000.

    Investigators with the Genesee County Sheriff’s Office claimed Tubbs collected $150,000 from an Atlas Township couple for a real estate transaction, but kept the money for himself.

    Tubbs, who worked for a Fenton real estate firm, was charged with taking money under false pretenses, according to Genesee County court records. He was originally arrested on Aug. 26, 2015.

    On Aug. 19, 2016, during a pre-trial hearing, Tubbs entered into a plea agreement. He pleaded no contest as charged and requested a deferred sentence in order to allow him to pay restitution in full.

    Sentencing was originally set for Jan. 9, and then adjourned to Jan. 26.

    On Jan. 26, Tubbs was led from the courtroom in handcuffs, according to Fox 66 News. He remained there until he came up with the money. At the time, Tubbs said his father, Jim Tubbs, also a real estate agent, would sell some property to come up with the money.

    During his Feb. 10 sentencing, Tubbs was ordered to have no contact with the victims. According to Feb. 10 court records, “The restitution has been paid in full and the charge is hereby amended.”
Source: Tubbs pays restitution (Plea agreement reduces local Realtor’s charges to misdemeanor).