Arkansas Developer Ordered Jailed on Insurance Fraud Convictions

October 7, 2010

Little Rock developer Aaron Jones, who was convicted of setting fire to his $1.6 million family home in an insurance scheme, has been taken into custody so he can start serving time pending a prison sentence.

Arkansas Business reports that a federal judge ordered Jones into custody after a brief hearing on Jones’ request to remain free pending formal sentencing. Prosecutors asked that Jones be locked up on grounds that arson qualifies as a crime of violence.

Jones was heavily in debt when he allegedly burned the home in hope of collecting a $2.8 million insurance payment. Jones claimed intruders bound him and burned the home.

He was found guilty of mail fraud and using fire in the commission of a felony.

Information from: Arkansas Business

Topics Fraud

Was this article valuable?

Here are more articles you may enjoy.

Latest Comments

  • October 8, 2010 at 8:24 am
    wudchuck says:
    ok, i would have asked - show me where they bound you at? how did they bind you? this probably could not have been answered... and hence he's bound for jail time! bound by ... read more
  • October 7, 2010 at 1:18 am
    MR says:
    Attempting to defraud an insurance company by torching a home is a very serious offense. He could have caused a neighborhood to burn down if it had spread. I hope they give hi... read more

Add a CommentSee All Comments (2)Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features