LAUREL COUNTY, Ky. —
A London business owner indicted on criminal charges related to business transactions settled his case in Laurel Circuit Court last week.
Keith Pope, owner of Kreative Kustoms, entered a guilty plea before Laurel Circuit Judge Greg Lay on July 19 to three charges of theft by failure to make required disposition of property, all over $10,000 each.
The two-year-old case resulted in a total settlement of $23,500 for Pope to pay back to nine victims, with $8,500 paid on his court date plus an additional five percent of the amount.
Pope was indicted in September 2010 on charges that he used personal property, cash, and car parts that did not belong to him and “converted” them for his own personal use. He was also indicted on two more charges of the same offense, for a total of nine. The plea agreement will result in a dismissal of the other charges.
The plea agreement allows Pope to repay a percentage of the amounts back to the nine persons involved. According to court records, the victims will receive restitution in amounts ranging from 5.5 percent to 15 percent.
Pope, 55, could have received between one to five years imprisonment and a $10,000 fine on each charge as the maximum penalty.
He is scheduled for sentencing on August 26.