2 sports complex executives plead guilty
Published: July 13, 2012
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Two days after a Daily News investigative report prompted local government officials to put the brakes on a proposed St. Croix sports complex deal, the chief financial officer of one of the private sector partners in the deal was charged with conspiring to commit bank fraud.
The charge against Fred Yeo, who represented the National Swim Center Corp. at a February press conference when Gov. John deJongh Jr. announced the sports complex deal, comes with a maximum sentence of up to 30 years in prison, along with fines and restitution and other potential penalties.
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