Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Ex-worker gets three years in prison for road builder's fraud

TAMPA — A former employee of Cone Constructors received a three-year federal prison sentence Tuesday for her part in the road building company's bankruptcy fraud.

Patricia Rankin Grable, 53, must also help co-defendant Michael Cone pay more than $1.77-million in restitution.

Grable pleaded guilty in October to conspiracy to commit bankruptcy fraud and wire fraud affecting a financial institution. She admitted passing off fake and backdated documents as legitimate during Cone Constructors bankruptcy.

Once one of the state's largest road builders, Cone Constructors served as general contractor for parts of the Suncoast Parkway.

Grable's sentencing came on the heels of the sentencing of Michael Cone, 51, former head of Cone Constructors, to 15 years in federal prison on Friday. U.S. District Judge Susan C. Bucklew ordered that he serve his federal sentence after five years in state prison for defrauding the state Department of Transportation.

Cone's wife, Joanne Cone, also has pleaded guilty to participating in the bankruptcy fraud and will be sentenced in June.

Prosecutors accused Michael Cone of orchestrating a scheme to hide his company's assets after filing for Chapter 11 bankruptcy in July 2000. He resurrected a defunct company that he claimed his wife operated and sold Cone Constructors equipment to her, then leased it back.

Ex-worker gets three years in prison for road builder's fraud 05/06/08 [Last modified: Friday, May 9, 2008 4:13pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Suspect arrested in fatal shooting of Virginia special agent

    Crime

    RICHMOND, Va. — A Virginia State Police special agent died Saturday after being shot by a man sitting in a car in Richmond, police said. The shooting suspect fled on foot, sparking an overnight manhunt that ended with the man's arrest about an hour after the agent's death.

    This image provided by the Virginia State Police shows law enforcement investigating the scene of a shooting early Saturday in Richmond, Va.   Special Agent Michael T. Walter, a Virginia State Police special agent died Saturday after being shot by a man sitting in a car in Richmond, police said. The shooting suspect fled on foot, sparking an overnight manhunt that ended with the man's arrest about an hour after the agent's death. Virginia State Police said in an emailed statement that Travis A. Ball of Richmond is being held without bond on charges that include malicious wounding and use of a firearm in the commission of a felony. (Virginia State Police via AP)
  2. Mayor Rick Kriseman says St. Petersburg mayoral election is about going forward, not back

    Blogs

    ST. PETERSBURG — Mayor Rick Kriseman christened his campaign office Friday evening by telling his supporters that the mayoral election was about moving forward, not backward.

    Mayor Rick Kriseman says mayoral election is about inclusiveness Friday at campaign office rally
  3. Forecast: Lots of sunshine, low humidity to start Memorial Day weekend

    Weather

    The start of your long Memorial Day weekend is all sunshine this Saturday, according to WTSP 10Weather meteorologist Rick Kearbey.

    WTSP seven-day forecast on May 27, 2017.
  4. For starters: Rays at Twins, looking for another with Odorizzi starting

    Blogs

    UPDATE, 12:45: Cash said Robertson was taking better swings Friday and so he wanted to move him up today, liking the idea of having three straight right-handers vs. a LHP they don't know much about. ... Souza was still smiling this morning about his failed dive attempt last night, and the reaction it got. .. The …

  5. Global computer outage grounds British flights

    Airlines

    LONDON — British Airways canceled all flights from London's Heathrow and Gatwick airports Saturday as a global IT failure caused severe disruption for travelers on a busy holiday weekend.

    British Airways planes are parked at Heathrow Airport in January. (AP Photo/Frank Augstein, file)