Cornerstone Homes CEO Sentenced In Fraud Trial Yesterday
Former Owner and CEO of Cornerstone Homes David Fleet was sentenced to three years probation and 100 hours of community service on charges of mail fraud yesterday. In addition he will pay roughly $88,000 in restitution to the people that he victimized following shady business tactics conducted while purchasing, renovating, and reselling the renting of formerly distressed homes. Cornerstone borrowed about $25 million dollars from various banks in the process, and upon failing to make it's operating income in 2010 the banks (as well as the private investors) were unable to be paid their debt service. Fleet however continued to solicit private investment without divulging his companies' true worth, in addition to making false statements and representations.
Local Man Indicted On Attempted Murder Charge
A man from the Elmira area was indicted yesterday on a charge of attempted murder. Matthew C. Smith was charged after he tried to shoot Anthony Hundley in the head with a loaded pistol back in mid-November. Smith has subsequently been charged with attempted murder, attempted robbery and two counts of criminal weapons possession. Smith was in the midst of committing a robbery against Hundley when he intended to use the aforementioned firearm.
Corning Watering Hole Preparing To Open It's Doors
The Office Pool and Libations Tavern on Market Street in Corning is wrapping up completion of renovations and upgrades thanks to the heart of a local couple spearheading the initiative. Arne and Nyanka Feyling plan to open the business come early January and are hoping to offer a friendly atmosphere, drinks, a pool table as well as other popular games. Games won't cost anything to play, and are complemented by a full bar with various amenities. The Office will be open six days a week and will be open 11 AM-11PM Monday through Thursday, and 11 AM-1AM on Friday and Saturdays. The bar ultimately expects to hold a capacity of 65 patrons, and should employ about 5 people.
Corning State Police Search For Robbery Suspect
State Police in South Corning are asking for the public's health in identifying a larceny suspect. Earlier this week authorities in Painted Post say a man entered a Byrne Dairy in the early morning hours of November 30th, then proceeded to steal 10 packs of cigarettes. He later fled the scene in a grey sedan. Anyone with information regarding the incident as well as the potential offender are asked to call Trooper Mattina at 607-962-6865.