Dallas Builder Sentenced For Stolen Materials Scheme

 Monday, May 11, 2015


A Dallas homebuilder has been sentenced to two years in prison for insurance fraud over false reports of more than $250,000 in materials stolen. Edward Adrian Abraham operated under the name of Park Cities Development Inc. Federal prosecutors in Dallas on Friday announced the penalty for Abraham, who last year pleaded guilty to wire fraud. The 56-year-old Abraham was also ordered to pay $252,000 in restitution to insurance companies. Investigators say Abraham in 2009 ran an insurance scheme with false reports of building materials stolen from two job sites.
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