Robert K. Gray, Home Improvement Scam, Kentucky 2024
Owensboro, Kentucky - A local man is behind bars after allegedly defrauding a Union County couple of nearly $150,000 in a home improvement scam.
Robert K. Gray, 49, was arrested on May 9th and is being held by the U.S. Marshals Service. Gray is charged with two counts of wire fraud and 12 counts of structuring financial transactions in order to evade federal reporting requirements.
The indictment alleges that between January 17, 2014 and April 14, 2014, Gray was paid a total of $149,839 for work on the home of a Union County, Kentucky couple. Payment was made in the form of 24 checks drawn on their personal checking account at Old National Bank. It is alleged that Gray never completed any of the home improvement projects he’d undertaken to perform.
Further, Gray is charged with requesting payments be made in amounts under $10,000 and then cashing each of the checks at different branches of a financial institution in order to avoid the bank’s requirement to report currency transactions over $10,000 to the Internal Revenue Service.
If convicted at trial, Gray faces a combined term of not more than 100 years in prison, a fine of up to $1,000,000 and a term of supervised release of up to five years.
Gray was also charged in a separate case in February, 2014, for defrauding an elderly Daviess County couple of their retirement fund, by making material misrepresentations about an investment opportunity in the defendant’s construction company. Gray admitted to using investment funds he received from the victim to pay for personal expenses and to purchase vehicles, including a 2006 Hummer for $25,000 the day after Gray received and deposited the first investment check, and, approximately two weeks later, to purchase a 2006 Kawasaki motorcycle for $5,000.
The indictment of a person by a Grand Jury is an accusation only and that person is presumed innocent until and unless proven guilty.
This case is being prosecuted by Assistant United States Attorney Marisa Ford, and is being investigated by the Federal Bureau of Investigation (FBI).
The charges against Gray carry a maximum sentence of not more than 100 years in prison, a fine of up to $1,000,000 and a term of supervised release of up to five years.
Key Facts
- State: Kentucky
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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