Fraudulent developer sentenced to 10 days in jail - FOX13 News, WHBQ FOX 13

Fraudulent developer sentenced to 10 days in jail

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U.S. District Courthouse in Oxford, Miss. (Tom Dees / FOX13 News) U.S. District Courthouse in Oxford, Miss. (Tom Dees / FOX13 News)
OXFORD, Miss. (FOX13) -

From Tiger Blue to prison orange, Chuck Roberts, a well-known DeSoto County, Miss., developer, was sentenced Thursday in U.S. District Court in Oxford to just 10 days in federal prison.

The 46-year-old who many knew as the former announcer of University of Memphis men's basketball games at the FedExForum, was sentenced for bank fraud.

Roberts must report to the Federal Bureau of Prisons on Sept. 16 and must pat more than $45,000 in restitution.

Southaven developer pleads guilty of bank fraud
http://www.myfoxmemphis.com/story/20908873/southaven-developer-pleas-guilty-of-bank-fraud

In January Roberts plead guilty to a federal bank fraud charge stemming from fraudulent statements he made between 2008 and 2010 to draw hundreds of thousands of dollars from a $5 million loan he and fellow Southaven developer James M.  Harris received to develop Cherry Hill subdivision near Rasco and Swinnea roads.

The subdivision was never built.

Seventeen different fraudulent statements were made by Roberts to obtain checks on the loan. Most of the documents indicate he did it under the guise of money needed for drainage improvements in the subdivision.

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