September 25, 2017
Business Latest News | Poll Questions | Hurricane Maria | Orion Krause | Obamacare

Charges against Rent-A-Husband founder will be dropped

The Associated Press

PORTLAND, Maine — The founder of the Rent-A-Husband home improvement and repair company in Maine has agreed to pay $2 million to reimburse investors in exchange for having all pending criminal charges against him dismissed.

Kaile Warren had faced charges of theft by deception and securities fraud, both felonies, at his trial on March 14.

The Portland Press Herald reports that a judge signed off on a consent judgment on Wednesday. Warren’s lawyer says it means he will not have to make any admissions of guilt or liability to any violations of criminal or civil law.

Last year, Warren pleaded not guilty to the charges, which included a charge of sales of unregistered securities that later was dismissed.

Did we get something wrong? Please, Let us know, submit a correction.

You may also like