NE Ark. developer sentenced to 5 years in prison

    4:02 PM, Oct 5, 2013   |    comments
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    ASH FLAT, Ark. (AP) - A developer in northeast Arkansas is to serve five years in prison following a guilty plea to a theft charge.

    A judge sentenced 65-year-old Wayne Lee Watkins of Hardy during a Thursday hearing. Watkins was also ordered to pay more than $10,000 in restitution and $2,500 in fines and court costs.

    The Jonesboro Sun reports (http://is.gd/TCU0Dt ) Watkins eluded police for years before his arrest. Watkins sold vacation and retirement land in and around Cherokee Village. Officials say buyers would make a down payment and then make subsequent payments to Watkins.

    Prosecutors say Watkins took out other mortgages on properties he sold and then defaulted.

    Watkins was arrested at a Houston airport in 2011 and has spent the last 16 months in the Sharp County Jail.


    Information from: The Jonesboro Sun, http://www.jonesborosun.com

    (Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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