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Lania Boone, the company’s bookkeeper, at Lary’s direction transferred approximately $108,000 to a mortgage servicing company to pay off his mortgage. Lary also gave around $7,600 to Boone’s son for his college meal plan, tuition and rent.
In January 2022, Lary pleaded guilty in the United States District Court in Atlanta to wire fraud, stealing federal money and conspiracy. Prosecutors said he used the money to pay off the mortgage on his lakeside home and outstanding tax liabilities.
Boone pleaded guilty in February 2022 to conspiracy and is scheduled to be sentenced in August.
In addition to prison time, Lary is required to pay nearly $120K in restitution and serve three years of supervised release after he leaves prison.
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Roz Edward
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