Tim Beverley ignored the camera as he walked into federal court today. What couldn't be ignored was the fact he'd be sentenced to prison. "He understood. I think he understood that he was going to be punished," says his attorney Gerry Goldstein.
He could have received as much as 10 years, but the judged handed down a six year sentence with three years probation. "He took his punishment in the same vain that he lived his life, in respect for the court and respect for the law that he's violated," says Goldstein.
Beverley had major success as owner of Tyler Jet. He told the judge today that financial problems began after investing in NASCAR. His company declared bankruptcy and Beverley admitted to the court that his bout with drugs and alcohol and personal problems caused him to make careless business decisions.
"Mr. Beverley [is] very sorry for what happened and I'm sure that his family would join him in wishing well all those people who were affected." Beverly will have to pay back those he defrauded more than 18 million dollars in restitution.
He told the judge he's ready to move on with his life, which will be very different when he begins his prison sentence.
Monday, May 20 2013 2:32 PM EDT2013-05-20 18:32:29 GMT
A Wichita, Kansas television station was forced to evacuate while on the air as a massive tornado touched down nearby. NBC affiliate KSNW meteorologist J.D. Rudd saw that the tornado was headed straightMore >>
A Wichita, Kansas television station was forced to evacuate while on the air as a massive tornado touched down nearby.More >>
Monday, May 20 2013 10:43 PM EDT2013-05-21 02:43:27 GMT
Longview police say that an officer is in the hospital after a shooting.Police tell KLTV 7 it happened just before 8:30 Monday evening. Details are still unclear, but several police officers were tryingMore >>
Stretch of Highway 80 closed while police investigate crime scene.More >>
Tuesday, May 21 2013 2:01 AM EDT2013-05-21 06:01:07 GMT
(RNN) – A day after long track tornadoes devastated Shawnee and Edmond, OK, another round has begun near Oklahoma City.KOCO broadcast a slow rotating cloud that slowly extended down towards the groundMore >>
At least 51 have died in a storm the National Weather Service described as large and violent.More >>
An Oregon girl abducted as a baby and missing for 18 years finally emerged in Dallas this week when her mother turned herself in to authorities, according to the Polk County Sheriff's Department. More >>
An Oregon girl abducted as a baby and missing for 18 years finally emerged in Dallas this week when her mother turned herself in to authorities, according to the Polk County Sheriff's Department.More >>