The Rutherford County Grand Jury has returned indictments against owners of several bonding companies charging them with corrupt practices before the Court. Those indicted are as follows:
Charles Redman, III, past owner of A Plus Bonding Company
4 counts of fabricating evidence (C felonies, punishment range 3-15 years)
4 counts of aggravated perjury (D felonies, punishment range 2-12 years)
Venus Koenik-Redman, current owner of A Plus Bonding Company
2 counts of fabricating evidence (C felonies, punishment range 3-15 years)
2 counts of aggravated perjury (D felonies, punishment range 2-12 years)
Elsie Robinson, current owner of Cumberland Bonding Company, and
Wendy Robinson, secretary / treasurer of Cumberland Bonding Company
2 counts of fabricating evidence (C felonies, punishment range 3-15 years)
2 counts of aggravated perjury (D felonies, punishment range 2-12 years)
Timothy Howland, current owner of Affordable Bonding Company
3 counts of fabricating evidence (C felonies, punishment range 3-15 years)
3 counts of aggravated perjury (D felonies, punishment range 2-12 years)
According to the indictments, all five individuals were charged as a result of schemes to write bail bonds in excess of their company’s authorized limits. This was accomplished, according to the indictments, by falsifying monthly reports submitted to the court whereby the companies underreported their bond liabilities so as to enable them to write more bail bonds and collect more payments from defendants without having to post additional collateral with the Clerk.
These acts were uncovered during a lengthy investigation which resulted in previous indictments of tax fraud. Those indicted for those offenses were Charles Redman, former owner of A Plus Bonding Company, whose charges are still pending, and Daniel Odbert, former owner of Bad Boys Bonding Company. Mr. Odbert has been convicted of those tax fraud charges and awaits sentencing by Judge Royce Taylor.
Jennings Jones, District Attorney General for the 16th Judicial District which includes Rutherford County, stated “We have worked with the bonding companies in Rutherford County to ensure that everyone operates on a level playing field and that no one has an unfair advantage over their competition. The bonding companies in this district provide a valuable service and we want to make sure that everyone plays by the same set of rules.”
All defendants are presumed innocent until proven guilty in a court of law.
