Welcome!

News Feed Item

Bailey & Glasser Wins Not Guilty Verdict For Client Indicted On "Check Cashing Scheme" In Western Virginia

ABINGDON, Va., Feb. 6, 2014 /PRNewswire/ -- Late yesterday afternoon, David A. Cline, owner of Rock N Roll Coal Company in McDowell County, WV, was found not guilty of all the charges brought against him by the federal government, after a twelve day trial in federal court in Abingdon, Virginia.  Mr. Cline was represented by Bailey & Glasser, whose trial team was led by Mike Hissam with the assistance of Rod Smith and Ben Bailey.

Mr. Cline, along with four others, was indicted in October of 2012, and charged with one count of conspiring to violate federal law and twenty-two counts of causing the structuring of currency transactions to avoid reporting requirements.  His son Joshua Cline, who was represented by John A. Carr, an attorney who worked closely with the Bailey & Glasser team, was also charged with conspiracy, two counts of structuring and one count of making false statements under oath.  The other individuals originally charged in the alleged scheme were: William "Bill" F. Adams, Jr., Michael W. Dunlap, and John B. Ward.  Mr. Dunlap entered into a plea agreement before the trial began.

The indictment alleged that the individuals named, together with two dozen others, conspired to obstruct the Internal Revenue Service from collecting federal taxes and engaged in a "Check Cashing Scheme" designed to hide the withdrawal of cash in excess of $10 million from financial institutions.  The government's primary witness was J.D. "Dot" McReynolds, who sold cash, with an added 10% fee, to various coal operators and provided them with fraudulent invoices to disguise the cash purchases.  McReynolds was able to structure the cash out of financial institutions in West Virginia and Virginia to evade transaction reporting requirements by making multiple withdrawals of $10,000 or less.

Each count of conspiracy and making false statements under oath carries a maximum statutory sentence of imprisonment for a term of five years and a fine of $250,000.00.  Each count of causing the structuring of currency transactions to avoid reporting requirements carries a maximum statutory sentence of imprisonment for a term of ten years and a fine of $500,000.00.  Prior to the date of the indictment, sixteen other defendants had pled guilty to felony charges in this "Check Cashing Scheme".

Mr. Cline denied the charges and denied any involvement in Mr. McReynolds' scheme.  Mr. Cline's case went to trial in Abingdon on Tuesday, January 21, 2014.  On February 5th, after twelve days of trial, the jury started deliberations and, at 5:30 pm that same day, returned with the not guilty verdicts for David and Joshua Cline.  They were the only two defendants acquitted of the charges.

"I couldn't be any happier for David and Josh Cline and for their families.  For nearly two years, our client and his son have steadfastly maintained their innocence.  They are thankful that the jury's verdict has borne that out and are justifiably relieved and anxious to return to their privacy.  On a personal note, I am extremely proud of the hard work done by our trial team and gratified by this result," said trial team member and founding partner Ben Bailey.

 

Bailey & Glasser LLP, headquartered in Charleston, West Virginia, with additional offices in Washington, D.C., Alabama, Delaware, Illinois and Massachusetts, regularly appears in complex commercial litigation matters, for plaintiffs and defendants, before state and federal courts across the country.  The firm's 46 lawyers are working on cases as diverse as the Toyota sudden acceleration personal injury and class action cases; energy and environmental litigation for state governments, individuals and energy companies; medical malpractice and health care provider disputes; and white collar criminal defense.  Bailey & Glasser's business lawyers also represent substantial clients in energy industries, and have a growing Chinese business development practice.  For more information, please visit www.baileyglasser.com.

For additional information, please contact: Ben Bailey at (304) 345-6555

SOURCE Bailey & Glasser LLP

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
As people view cloud as a preferred option to build IT systems, the size of the cloud-based system is getting bigger and more complex. As the system gets bigger, more people need to collaborate from design to management. As more people collaborate to create a bigger system, the need for a systematic approach to automate the process is required. Just as in software, cloud now needs DevOps. In this session, the audience can see how people can solve this issue with a visual model. Visual models ha...
What is the best strategy for selecting the right offshore company for your business? In his session at 21st Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, will discuss the things to look for - positive and negative - in evaluating your options. He will also discuss how to maximize productivity with your offshore developers. Before you start your search, clearly understand your business needs and how that impacts software choices.
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, will discuss how by using...
SYS-CON Events announced today that Taica will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. ANSeeN are the measurement electronics maker for X-ray and Gamma-ray and Neutron measurement equipment such as spectrometers, pulse shape analyzer, and CdTe-FPD. For more information, visit http://anseen.com/.
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
Is advanced scheduling in Kubernetes achievable? Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions and demonstrate techniques for implementing advanced scheduling. For example, using spot instances ...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japanese Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ruby Development Inc. builds new services in short period of time and provides a continuous support of those services based on Ruby on Rails. For more information, please visit https://github.com/RubyDevInc.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, will discuss some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he’ll go over some of the best practices for structured team migrat...
As businesses evolve, they need technology that is simple to help them succeed today and flexible enough to help them build for tomorrow. Chrome is fit for the workplace of the future — providing a secure, consistent user experience across a range of devices that can be used anywhere. In her session at 21st Cloud Expo, Vidya Nagarajan, a Senior Product Manager at Google, will take a look at various options as to how ChromeOS can be leveraged to interact with people on the devices, and formats th...
First generation hyperconverged solutions have taken the data center by storm, rapidly proliferating in pockets everywhere to provide further consolidation of floor space and workloads. These first generation solutions are not without challenges, however. In his session at 21st Cloud Expo, Wes Talbert, a Principal Architect and results-driven enterprise sales leader at NetApp, will discuss how the HCI solution of tomorrow will integrate with the public cloud to deliver a quality hybrid cloud e...
SYS-CON Events announced today that Yuasa System will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Yuasa System is introducing a multi-purpose endurance testing system for flexible displays, OLED devices, flexible substrates, flat cables, and films in smartphones, wearables, automobiles, and healthcare.
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.