IBJNews

Builder's bookkeeper gets 18-month sentence for theft

Back to TopCommentsE-mailPrintBookmark and Share

The former bookkeeper for a central Indiana home builder has been sentenced to 18 months in prison for allegedly stealing more than $446,000 from the now-closed company.

Kim Hutchison, 52, of Plainfield was also ordered to repay the missing money, The Daily Journal of Franklin reported. Her attorney, Brian Newcomb, said he believed the sentence imposed was fair.

Hutchison, who had worked 21 years for home builder and developer J. Greg Allen, pleaded guilty last September to wire fraud in federal court in Indianapolis.

Hutchinson is the former treasurer of Greenwood-based J. Greg Allen Builders and Princeton Homes, both of which were operated by Allen. He also owns a commercial real estate firm that developed downtown’s Allen Plaza.

IBJ reported last June that the two homebuilding businesses closed early last year after Allen filed suit against Hutchinson and Jeff West, the former president of the companies, in Johnson Superior Court in February.

Allen said his companies ceased operations because they couldn't pay contractors, partly because of the theft.

According to federal prosecutors, Hutchinson wrote a series of unauthorized checks to herself from Allen's bank accounts totaling $446,419.29 from 2002 through March 2010.

Hutchinson then used her knowledge of accounting methods to hide the checks from her employer.

 

ADVERTISEMENT

  • Wow....
    What about all the people that bought homes form Gregg Allen that he doesn't stand behind...? Makes me sick when developers hide behind their "companies". He should make things right using his own personal funds.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Great article and post scripts by Mike L (Great addition to IBJ BTW). Bobby's stubborn as a mule, and doubt if he ever comes back to IU. But the love he would receive would be enormous. Hope he shows some time, but not counting on it.

  2. When the Indiana GOP was going around the State selling the Voucher bill they were promising people that the vouchers would only be for public charter schools. They lied. As usual.

  3. I am Mr. Morris Ray, a Legitimate And a Reputable money Lender. We lend funds out to individuals in need of financial assistance, we give loan to people that have a bad credit or in need of money to pay bills, to invest on business. Have you been looking for loan? you have not to worry, because you are in the right place i offer loan at low interest rate of 2% so if you are in need of a loan i want you to just contact me via this email Address: morris_ray123@outlook.com

  4. Jim, your "misleading" numbers comment is spot on. This is the spin these posers are putting on it. News flash, fans: these guys lie. They are not publicly traded so no one holds them accountable for anything they say. The TV numbers are so miniscule to begin with any "increase" produces double digit "growth" numbers. It's ridiculous to think that anything these guys have done has awakened the marketplace. What have they done? Consolidate the season so they run more races on consecutive weekends? And this creates "momentum." Is that the same momentum you enjoy when you don't race between August and March? Keep in mind that you are running teams who barely make ends meet ragged over the summer to accomplish this brilliant strategy of avoiding the NFL while you run your season finale at midnight on the East Coast. But I should not obfuscate my own point: any "ratings increase" is exactly what Jim points to - the increased availability of NBC Sports in households. Look fans, I love the sport to but these posers are running it off a cliff. Miles wants to declare victory and then run for Mayor. I could go on and on but bottom line for God's sake don't believe a word they say. Note to Anthony - try doing just a little research instead of reporting what these pretenders say and then offering an "opinion" no more informed than the average fan.

  5. If he's finally planning to do the right thing and resign, why not do it before the election? Waiting until after means what - s special election at tax payer expense? Appointment (by whom?) thus robbing the voters of their chance to choose? Does he accrue some additional financial advantage to waiting, like extra pension payments? What's in it for him? That's the question that needs to be asked.

ADVERTISEMENT