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Tue Feb 28, 2017, 09:02 AM

Former homebuilder sentenced to prison in embezzlement case

SANTA FE, N.M. (AP) ó A former Santa Fe-area luxury homebuilder convicted of multiple counts of fraud and embezzlement faces about 4 Ĺ years in prison.

A state District Court judge sentenced 71-year-old William [auth] Kalinowski Friday to 18 years in prison but suspended 10 years and Kalinowskiís time behind bars also will be reduced by credit for pretrial time served on house arrest and electronic monitoring.

Kalinowski went broke in 2008, leaving unfinished homes, defaulted loans and unpaid subcontractors and investors.

He long contended his businessí failure was due to the housing marketís collapse, but he admitted in court Friday that he was responsible and said he was sorry.

Read more: http://rdrnews.com/wordpress/blog/2017/02/25/former-homebuilder-sentenced-to-prison-in-embezzlement-case/

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Reply Former homebuilder sentenced to prison in embezzlement case (Original post)
TexasTowelie Feb 2017 OP
Alice11111 Mar 2017 #1

Response to TexasTowelie (Original post)

Fri Mar 10, 2017, 06:56 PM

1. Not defending the guy, but compare what DT gets away with

Shouldn't the Prez and his family kinda set the standard?

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