A Florida small business owner has been arrested on 17 counts of grand theft. A police detective had been examining Paul Guillette’s books in connection with his company, Pro-Tec Shutters. Seventeen of his customers had complained he had taken their money, but hadn’t installed the shutters they had purchased. After the detective found a $49,000 company check to Guillette’s wife for “dividends,” he was arrested.
Guillette and his wife had filed for Chapter 7 bankruptcy after being sued by several of Pro-Tec’s customers. Guillette’s attorney said Pro-Tec had been trying to pay back its customers after an increase in aluminum prices of 20 to 40 percent made it impossible for Pro-Tec to install the shutters his customers had paid him for.
This entry was posted on Saturday, May 5th, 2007 at 8:45 pm and is filed under Bankruptcy News and Events. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.