Marlon Davis Weaver pleaded guilty in federal court last year to conspiracy to launder money.
Weaver owned a construction company in Conway that was awarded a contract to pave I-95 and was required to supply a performance bond before work began.
SafeCo Insurance Company agreed to act as surety on the bond, but required Weaver to provide a financial statement listing his assets prior to issuing the bond. Weaver listed his interest in Bucksport Marina and investments which he held with Gold & Silver, LLC.
Weaver defaulted on the I-95 job, and SafeCo was required to pay the Department of Transportation over $6,000,000.
After defaulting on the job, Weaver sold his interest in Bucksport Marina for over $500,000, but backdated the transfer documents to make it appear that he had sold the interest before he had defaulted.
Weaver mailed the backdated documents to SafeCo’s attorney who was trying to collect assets for SafeCo. Weaver deposited the proceeds from the sale of the marina in his three daughters’ accounts.
Weaver structured payments from his daughters’ accounts into another account.
Once all of the money had been transferred from the daughters’ accounts to the other account, Weaver gave money to Archie Evans who owned Gold & Silver, LLC., so that Evans could structure the money into Evans’ accounts at various banks.