For two years, Financing Alternatives Inc. has been the focus …
For months WAVY.com has investigated Financing Alternatives …
Chesapeake business owner accused of…
For months WAVY.com has been investigating a Chesapeake company accused of stealing …
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FAI founder accepts responsibility
Updated: Friday, 20 Nov 2009, 2:07 PM EST
Published : Friday, 20 Nov 2009, 2:04 PM EST
CHESAPEAKE, Va. - In a surprise move Friday, Financing Alternatives Inc. founder George Christian admitted liability in the case against him.
At the start of Friday's trial in Chesapeake, Christian attempted to get another continuance in the case, based on the American with Disabilities Act, but the judge did not agree to it. Christian then admitted liability, but did not agree on the number of victims the state presented. So, the judge ordered both sides to discuss the matter and let him know when they reached an agreement.
Financing Alternatives Inc. in Chesapeake has been the focus of a WAVY.com investigation for two years.
The Attorney General's Office sued Christian, claiming he stole millions from customers buying computers, using the money to finance his gambling.
Customers said the company sets up automatic withdrawals from bank accounts, then never sends out the computers.
WAVY News 10 has a reporter in the courtroom. Look for more on this story on WAVY News 10 beginning at 5 and right here on WAVY.com.
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