Page 4 - Lighthouse Properties News Today

Lynchburg real estate owner pleads guilty to embezzling $550,000 He started defrauding clients in June 2018 Published:  Tags:  A gavel in a courtroom. (Pexels) LYNCHBURG, Va. – The owner of Lighthouse Properties of Virginia Inc. pleaded guilty to wire fraud after embezzling nearly $550,000, according to the Department of Justice. 38-year-old Timothy Darrell Penick, of Forest, Virginia, has owned and operated the real estate company since 2011 and provided property management services to cl...

The cleanup of the former Schilling Air Force Base took another step forward after the City of Salina is set to establish a fund to keep a settlement from the federal government sent to the Salina Public Entities (SPEs) of almost $68 million. The Salina City Commission approved, on first reading, an ordinance to establish the Former SAFB Environmental Project Fund during its meeting Monday. The fund, which is a separately budgeted revenue fund, has the purpose of tracking receipts and expend...