Southaven Real Estate Developer Chuck Roberts Sentenced To 10 days
(Oxford, MS) Chuck Roberts faced up to 30 years in prison and a million in fines when he walked into federal court in Oxford, Miss., Thursday morning.
He didn’t get close to that.
Roberts begged for mercy and, with his voice shaking, apologized for fraudulently cheating Citizen National Bank out of $443,000.
Roberts said he regrets his actions and asked for mercy in sentencing so he could continue to support his wife and four children.
Earlier this year he pleaded guilty to bank fraud, admitting he and his business partner made false statements after getting a $5 million loan from Citizens National Bank to develop the Cherry Hill Subdivision in Desoto County.
Roberts admitted to making $443,000 in withdrawals using fake invoices.
His attorney presented 32 letters of support. The judge said one letter from a man the judge knows had the most impact.
He sentenced Roberts to ten days in prison, four years supervised release and nine months home confinement .
Roberts will not face a fine. His father has repaid $400,000 owed to the bank. Chuck Roberts must repay the remaining $40,000.
Prosecutors say Roberts is assisting on other cases.
Prosecuting Attorney Robert Mims says they are always agreeable to what judges do, but he wouldn’t comment on the decision.
Roberts remained silent as he left court.
His attorney, who said he had never seen such overwhelming support letters, also had very little to say.
“I can say a lot about his character. I said it in open court. I think he’s a good man,” said Cliff Johnson, Roberts’ Attorney.
Roberts is supposed to turn himself in on September 16th to start serving his ten-day sentence.
Chuck Roberts also has ties to Southaven Mayor Greg Davis. The two bought a condo together in Florida, which Roberts now reportedly no longer owns.