Former Ala. apparel maker's CFO sentenced to more than 3 years - WSFA.com Montgomery Alabama news.

Former Ala. apparel maker's CFO sentenced to more than 3 years

MONTGOMERY, Ala. - The former chief financial officer for Terry Manufacturing was sentenced Thursday to more than 3 years in prison and ordered to pay back 5 point 4 million dollars for his role in a fraud aimed at propping up the ailing Roanoke company.

58-year-old Rudolph Terry of Atlanta was ordered by U-S District Judge Mark Fuller to report to prison on October 19th to begin a 41-month sentence.

Terry pleaded guilty April 3rd to a conspiracy charge.

Authorities say Terry and his brother, Roy Terry of Roanoke, contacted a Georgia businessman in 2000 for a loan to create a new business division to be known as Terry Promotional Products.

However, prosecutors say the brothers used the 5 million from the loan to pay bills at Terry Manufacturing, not develop a new division.

The company, founded in 1963, once made uniforms for McDonald's and the U-S military.

Black Enterprise magazine listed the company as one of the largest U-S black-owned businesses in 2003.

Courtesy: Associated Press

  • NewsMore>>

  • 'It's about time': Trump pardons late boxer Jack Johnson

    'It's about time': Trump pardons late boxer Jack Johnson

    Thursday, May 24 2018 1:22 PM EDT2018-05-24 17:22:19 GMT
    Thursday, May 24 2018 1:46 PM EDT2018-05-24 17:46:02 GMT
    (Source: AP Photo)(Source: AP Photo)

    President Donald Trump had pardoned boxing's first black heavyweight champion more than 100 years after Jack Johnson was convicted by an all-white jury of "immorality" for one of his relationships.

    More >>

    President Donald Trump had pardoned boxing's first black heavyweight champion more than 100 years after Jack Johnson was convicted by an all-white jury of "immorality" for one of his relationships.

    More >>
  • Dem, GOP leaders to get classified briefings on Russia probe

    Dem, GOP leaders to get classified briefings on Russia probe

    Thursday, May 24 2018 12:42 AM EDT2018-05-24 04:42:28 GMT
    Thursday, May 24 2018 1:45 PM EDT2018-05-24 17:45:50 GMT
    (AP Photo/Jacquelyn Martin). In this May 23, 2018, photo, President Donald Trump speaks to the media before boarding the Marine One helicopter on the South Lawn of the White House in Washington. Two House lawmakers who are allies of President Donald Tr...(AP Photo/Jacquelyn Martin). In this May 23, 2018, photo, President Donald Trump speaks to the media before boarding the Marine One helicopter on the South Lawn of the White House in Washington. Two House lawmakers who are allies of President Donald Tr...

    A briefing Thursday about classified documents will be for just two Republican House members, both Trump allies, as Trump and his supporters in Congress press for information on the outside informant.

    More >>

    A briefing Thursday about classified documents will be for just two Republican House members, both Trump allies, as Trump and his supporters in Congress press for information on the outside informant.

    More >>
  • Probe: Missile that downed MH17 came from Russia-based unit

    Probe: Missile that downed MH17 came from Russia-based unit

    Thursday, May 24 2018 5:32 AM EDT2018-05-24 09:32:04 GMT
    Thursday, May 24 2018 1:44 PM EDT2018-05-24 17:44:57 GMT
    The passenger jet was headed from Amsterdam to Kuala Lumpur, Malaysia, when it was was blown out of the sky over eastern Ukraine on July 17, 2014. All 298 passengers and crew were killed. (Source: CNN)The passenger jet was headed from Amsterdam to Kuala Lumpur, Malaysia, when it was was blown out of the sky over eastern Ukraine on July 17, 2014. All 298 passengers and crew were killed. (Source: CNN)

    An international team of investigators say that detailed analysis of video images has established that the Buk missile that brought down Malaysia Airlines Flight 17 nearly four years ago came from a Russia-based...

    More >>

    An international team of investigators say that detailed analysis of video images has established that the Buk missile that brought down Malaysia Airlines Flight 17 nearly four years ago came from a Russia-based military unit.

    More >>
Powered by Frankly