Bivens gets three months in prison for 2007 company sale

TS_179044592_360x235_72DPI_RGB

WASHOUGAL, WA — Jeffrey Bivens, the tax attorney who aided in the illegal actions surrounding the 2007 sale of Longview, WA-based Charles Prescott Restoration, has finally been sentenced to prison, according to an article from the Columbian.

Bivens helped business owner Donald Chill provide inaccurate information to both the Small Business Administration and the local bank who provided a $2 million business loan in the sale of the business.

The three-month sentence from the district court comes despite a recommendation by the U.S. Attorney’s Office for a 24-month sentence for Bivens.

Chill was sentenced in 2010 to four years in prison, five years of supervised release and $4.9 million in restitution.

The U.S. Attorney’s office said, “This case and conduct should be a clarion call to attorneys and brokers, in Washington and elsewhere, that they must cut square corners when dealing with a federally insured financial institution.”

Cleanfax Staff

Cleanfax provides cleaning and restoration professionals with information designed to help them manage and grow their businesses.

Follow Cleanfax Staff

Related Posts

Share This Article

Join Our Newsletter

Expert Videos

Popular Content

CoreLogic

CoreLogic: Spearheading Innovation and Technology in the Restoration Industry

Insurance_Webinar_600x300_CF

Insurance Restoration Strategies Unlocked: How to Identify & Conquer Top Challenges in the Industry

AI sales

Is AI Going to Be the Death of the Salesperson?

Grow your social media

The Digital Marketing Demystified Series—Part 2: Grow Your Business with Social Media

Digital Marketing - Part 1

The Digital Marketing Demystified Series—Part 1: World Class Email Marketing

Polls

As a floor cleaning contractor, which of the following best describes your approach to marketing:

View Results

Loading ... Loading ...