SF, keep trying to contact the folks you know who may be able to confirm the arrest. Also, can the person who informed you of the action tell you in more detail what the charges are? If it is UPZS related or something else entirely.
BV's house being up for sheriff sale is pretty easy to confirm and I have. He can still come up with the cash and the bankruptcy might forestall it.
** WARNING HEARSAY **
I had heard from another source that BV had lost his life savings in this but I really do not feel sorry for him. He had the opportunity to stop JV's rampant spending and chose not to stop him. It is his own fault and I feel no sympathy. In that one action he ignored his fiduciary duty as a board member and corporate officer to the shareholders. These guys forget they have a responsibility to the shareholders ALL OF THEM to do the right thing. He knew the spending was out of control, he knew at least some if not most was questionable and he chose to ignore it.
If true...What comes around goes around.
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