Morris Cephas (Sr.) of CEPHAS NeXt / Cephas Industries in Richmond, VA, was convicted of fraud-related charges -- Two years of probation Morris and Chiroya Cephas have been ordered to pay $108,500 to the U.S. Department of Energy and $12,787.83 to the Richmond-based consulting firm Golder Associates after they used stimulus money in 2010 for a company that never became reality.
Morris Cephas is the President and CEO of CEPHAS NeXt, Inc., a Richmond, Virginia-based site preparation and demolition contractor.
https://www.12onyourside.com/story/32102091/richmond-couple-who-improperly-used-stimulus-money-avoids-jail/
No, the company that received the 28-count indictment was Cephas Industries, not Cephas NeXt.
While both companies are associated with Morris Cephas, it was the defunct Southside Richmond recycling business, Cephas Industries, that was the subject of the federal case.
Here are the details regarding the indictment:
The Cephas Industries Indictment
In October 2015, Morris Cephas Sr. and Chiroya Cephas, along with their company Cephas Industries, were indicted by a federal grand jury in Richmond on 28 counts.
The charges included:
Conspiracy
Theft of government property
Fraudulent monetary transactions
The indictment alleged that over a four-year period beginning in 2010, the couple schemed to defraud the U.S. Department of Energy and the Virginia Department of Mines, Minerals and Energy. The government agencies had dispersed around $500,000 in Recovery Act stimulus funds to Cephas Industries to construct a $3.5 million biomass recycling complex on Formex Road that never materialized. The government alleged the funds were instead used to pay personal bills.
Subsequent Legal Adjustments
The couple successfully fought the original indictment. In early 2016, they managed to have all but nine of the original 28 counts dropped and were subsequently re-indicted on the remaining charges.
Cephas NeXt, Inc.
Cephas NeXt, Inc. is a separate corporate entity (which has appeared on Virginia Department of Transportation prequalified contractors lists) that lists Morris Anthony Cephas as a contact. However, it was not the entity named in the 2015 federal 28-count indictment.
NEWPORT NEWS, Va. (WAVY) — Demolition of the former Sherwood Shopping Center in Newport News is anticipated to begin Friday, which will mark the initial step toward construction of the forthcoming Virgil I. ‘Gus’ Grissom Library.
The city says the demolition process is expected to last several weeks.
https://www.wavy.com/news/local-news/newport-news/demolition-of-sherwood-shopping-center-begins-for-new-library/