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Former ARC CEO’s fraud and money laundering trial delayed until February
ASHLAND, Ky. — The fraud and money laundering trial against former head of Addiction Recovery Care has been delayed for six months.
Former CEO Tim Robinson was indicted July 29 on one count of wire fraud and two counts of money laundering. Prosecutors allege Robinson orchestrated a scheme involving the sale of millions of dollars in Employee Retention Credit tax refunds claimed by ARC during the COVID-19 pandemic.
According to the indictment, Robinson ordered the sale of those tax refunds to one buyer, then later sold the same refunds to another buyer. Both of those companies have sued ARC and Robinson over the dispute, although a tentative settlement has been reached in one of the lawsuits.
Robinson was scheduled to go on trial next week, but his attorney filed a motion last week asking for a delay due to the voluminous evidence that must be reviewed.
On Friday, U.S. District Judge David Bunning granted that request, setting a new trial date of Feb. 1 in Ashland.
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