Tuesday, October 2, 2012
Darain Atkinson's state sentence will run concurrently with his federal sentence of eight years.
The co-founder of the former Wentzville-based U.S. Fidelis auto warranty company, Darain Atkinson, was sentenced Monday for the second time in two weeks. On Monday, the St. Louis Post-Dispatch reported Atkinson's sentencing in St. Charles Circuit Court on state charges for Atkinson's part in the U.S. Fidelis/National Auto Warranty Services fraud case. Last week, Atkinson received an eight-year sentence on federal charges, along with an order to pay $4.5 million in back taxes. Darain Atksinson's brother Cory Atkinson was sentenced to 40 months in federal prison and $4.49 million in back taxes, along with a four-year sentence for state charges. A bankruptcy settlement in July approved a $26.5 million payment that will be divided among …
Wednesday, September 19, 2012
Cory Atkinson co-owned U.S. Fidelis, at one time the nation's largest marketer of vehicle service contracts.
Cory Atkinson, co-owner of former Wentzville business US Fidelis, received a 40-month prison sentence and was ordered to pay $4 million in restitution to the IRS for his part in a massive tax fraud case. According to a press release from the Department of Justice, Atkinson and his brother Darain Atkinson were co-owners of U.S. Fidelis, at one time the nation’s largest marketer of vehicle service contracts (VSCs). In June, Cory Atkinson pleaded guilty to one count of conspiracy to commit mail and wire fraud and one count of filing false tax returns. Prior to 2009, the company was known as National Auto Warranty Services and made its money by marking up the price of the VSC, sometimes excessively. The press release laid out how Atkinson ran …
Tuesday, June 19, 2012
Cory Atkinson may spend less than four years in prison for his part in the US Fidelis fiasco.
Fox2 News reported Monday that Cory Atkinson, co-owner of the US Fidelis auto-service contract company formerly located in the old Belz Factory Mall building in Wentzville, pleaded guilty to federal charges. The charges included conspiracy to commit mail and wire fraud and filing false tax returns. This is in addition to his guilty pleas last Thursday to state charges of fraud and stealing. Atkinson may spend less than four years in prison, The Post-Dispatch reported Monday, if the US District Court judge agrees to a plea agreement that would drop one charge of tax evasion. Cory Atkinson's brother Darain Atkinson pleaded guilty to federal charges in April. His sentencing is scheduled for July. Millions of dollars that the brothers received…
Wednesday, April 18, 2012
The judge ruled that workers were not given the required 60-day notice of a mass lay-off.
Each week, we highlight a vacant commercial space and ask: What business would you like to see move into this area?
We want Wentzville Patch to be a place where you can not only find out what's going on around town, but a place where you can share your thoughts and ideas with neighbors. Our newest feature—Visions for Vacancies—aims to help residents take an active role in planning and building their community. Each week, we'll highlight a vacant commercial space and ask what you would like to see move into this area? If you know of an area you'd like to see highlighted, tell us in the comments. This week, we are taking a look at the former home of US Fidelis, Wentzville Crossings Mall. You may remember it as the old Belz mall. Element Church uses part of the building, but 345,000+ sq. ft. of the space is available. If it were up to you, what would you …
Monday, April 9, 2012
Sentencing is scheduled for July 12.
In a press release today, the US Department of Justice reported that Darain Atkinson had pled guilty to conspiracy to commit mail and wire fraud and filing false tax returns. Together with his brother Cory Atkinson (who is still presumed innocent until proven guilty), Darain Atkinson owned and operated several businesses: National Auto Warranty Services (NAWS), US Fidelis and Dealer Services and a direct mail service, DS Direct. The Department of Justice reported that: The primary business of NAWS was marketing and selling vehicle service contracts (VSCs) through the United States. . . NAWS employed a variety of false, deceptive and materially misleading sales and marketing techniques. . . Among these techniques were mailers that were …
Thursday, April 5, 2012
Atkinson was indicted in June on 14 counts of fraud and stealing involving his auto service contract company.
Monday, November 14, 2011
All the news you need for Monday, Nov. 14.
Good morning Wentzville! Welcome to the column that will help you get through the day. Every Monday through Friday, we'll tell you what's going on around town, what you need to know and where the traffic snags might be. Have a suggestion to make Wentzville Patch more helpful? Leave a comment or drop me an email at firstname.lastname@example.org. Do you use social media? Check us out on Facebook and Twitter.
Thursday, September 8, 2011
According to the suit filed this week.
All the news you need for Thursday, Sept. 8.
Good morning Wentzville! Welcome to the column that will help you get through the day. Every Monday through Friday at 6 a.m., we'll tell you what's going on around town, what you need to know and where the traffic snags might be. Have a suggestion to make Wentzville Patch more helpful? Leave a comment or drop me an email at email@example.com. Do you use social media? Check us out on Facebook and Twitter.