Bank fraud convict sentenced in $35 million case
Charleston businessman Howard Lee Ray, former COO of Bargain Equipment Sales Inc., received a five year prison term and must repay 16 million dollars after pleading guilty to conspiracy to commit wire fraud. Partner Thomas M. Christensen awaits sentencing next week as prosecutors cite 41 million dollars in wired transfers.
MENTIONED IN THIS ARTICLE
Charleston
Howard Lee Ray
U.S. District
David Norton
Bargain Equipment Sales Inc
North Charleston
Thomas M. Christensen
Ray
Deutsche Financial Services
St. Louis
Deutsche
Paving Delay Follows Ravenel Bridge Closure in South Carolina
After cheers for closing the last gap on South Carolina's Ravenel Bridge officials struggle to set an opening date. The 1546 foot main span requires a 2 inch concrete overlay with precise weather — temperature humidity and wind — to cure properly. Project manager Charles Dwyer notes production remains inconsistent due to humidity and evaporation concerns.
MENTIONED IN THIS ARTICLE
Charleston
South Carolina
Persnickety
Charles Dwyer
State Department of Transportation
Dwyer
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