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Feds reveal charges for Belleair businessman who eluded

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Monday, September 10, 2012 6:08:10 PM
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Feds reveal charges for Belleair businessman who eluded authorities for months

His ex-wife said Stanton had hidden his wealth in a complex web of companies with the help of friends and business associates.


By William R. Levesque, Times Staff Writer
Posted: Sep 10, 2012 02:30 PM
http://www.tampabay.com/news/feds-reveal-charges-for-belleair-businessman-who-eluded-authorities-for-10/1250768

ORLANDO — John D. Stanton III, captured last week after months on the run, has been indicted on eight charges of failing to file individual and corporate tax returns and a charge of obstructing the IRS, according to a federal indictment unsealed Monday.

Stanton, a former construction materials executive from Belleair, was ordered held without bail in Orlando. He eventually will be transferred to federal custody in Tampa.

He faces jail time for failing to pay his former wife $6 million in support. A judge in Hillsborough County had sentenced him to six months in jail in absentia.

Stanton evaded law enforcement officials for 10 months before federal marshals captured him Friday afternoon at a Fairfield Inn in Orlando, one of several of his favored hotels in the area, his ex-wife said.

Stanton, 63, appeared before U.S. District Court Judge Karla Spaulding in Orlando dressed in a blue jail jumpsuit, with his legs shackled. He appeared calm and did not speak during the hearing. Prosecutors asked the judge to withhold bail because they said he was a flight risk.

Prosecutors said Stanton had been staying in the Orlando area since May, receiving help from friends and business associates while on the run.

Prosecutors said that he had been aided by his girlfriend, whom they said had rented a room for him at the Fairfield Inn where he was arrested. A woman, who was present at Stanton's first appearance in court Monday and who talked to his attorney, refused to identify herself when asked by a reporter.

Stanton is the former president of the Seffner building supplies company Cast Crete Inc., which at one point earned $1 million a week. He once claimed a net worth of $269 million but said he was broke during an acrimonious divorce that was finalized in July 2011.

His ex-wife said Stanton had hidden his wealth in a complex web of companies with the help of friends and business associates.



[Last modified: Sep 10, 2012 03:01 PM]


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