Stanton Scams? EFTI/USSE/USSP/USEI/OSSG

[MorningLightMountain]

Stanton denied bond in federal case

http://www.tampabay.com/news/former-cast-crete-executive-stanton-denied-bond-in-federal-case/1252536


TAMPA — A man accused in federal court of siphoning $43 million from the Seffner building supplies company he headed won't be released on bond.

U.S. Magistrate Judge Anthony E. Porcelli heard a prosecutor's list of prior court dates missed by John Dargan Stanton III, former president of Cast-Crete Inc.

Porcelli said that Stanton, while no danger to the community, is a flight risk because he has a history of disobeying orders he doesn't like.

"There would be nothing to prevent you from running," the judge said.

Stanton, who turns 64 Friday, was captured at an Orlando hotel on Sept. 7 after nearly 10 months on the run.

He was indicted Aug. 15 on eight federal charges, including one count of obstructing the IRS and seven of failing to file personal and corporate income tax returns from 2005 to 2007.

Staff writer Patty Ryan can be reached at [e-mail] or [phone].


[Last modified: Sep 20, 2012 01:57 PM]

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