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Former Vann’s CFO Paul Nisbet pleads not guilty to federal conspiracy charge
January 20, 2016 /
Former Vann’s Inc. chief financial officer Paul Nisbet has pleaded not guilty to a charge of conspiracy in a federal case in which prosecutors allege he helped the former CEO defraud the company.
Nisbet, who appeared in U.S. District Court on Jan. 12, previously signed a plea agreement in the case. The conspiracy charge carries a maximum penalty of five years in prison, a $250,000 fine and mandatory restitution.
Prosecutors in the federal case allege former CEO George Manlove and Nisbet used their positions in the company to defraud Vann’s.
DILLON KATO [email protected]
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Posted in: Montana Business
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