Former Fayetteville developer Brandon Barber was arrested in New York on charges of bank fraud, money laundering, conspiracy to commit bankruptcy fraud, bankruptcy fraud, concealment of assets and false statements, reports Arkansas Business.
U.S. Attorney Conner Eldridge is set to announce details about the case during a Wednesday news conference in Fort Smith.
According to reports, several Northwest Arkansas men have been charged in the case.
Barber was the developer behind the Legacy Building off Dickson Street in Fayetteville. Legacy National Bank foreclosed on the building in 2008. Barber later filed bankruptcy in 2009.
He was arrested on a traffic violation in Fayetteville in 2010, and was sought for extradition by the Clark County, Nev. District Attorney’s office on allegations that he wrote hot checks to cover a marker at a Las Vegas casino. He reportedly worked out an agreement on that dispute.
More on Barber’s legal history is available at Arkansas Business.



Whoa
http://www.youtube.com/watch?v=xPcql4FuCK0
Why am I not surprised.
My thought exactly. LOTS of shady developers out there.
The only surprise here is that it took so long to indict them. Perhaps he and his impending cellmates, once found guilty, can be incarcerated in the basement of the Legacy Building, which might then live up to its name.
It’s sickening that so much of Fayetteville was duped by this clown and his big talking ways at the time.
Most of those “duped” by this sociopath are hard-working NW Arkansas construction workers & big equipment operators, not just bankers – workers who put in months of hard work (not just a few hours of paperwork at a bank) and who then got totally stiffed and fired and unpaid for all their time, while the banks, not the bankers, took the “stiff” not the bankers.
Those workers were not “duped,” but they suffered the consequences, which is sickening indeed. It is all the people in town who enthusiastically supported his “vision” for Fayetteville—the sky scraper hotel he proposed for Dickson Street comes to mind. Thank god nothing came of it, though the concept was approved. That was a bleak meeting.
Many small contractors and businesses were hurt by this company’s arrogance and failure to pay their debts. You are correct.
Turn on the news and there was Don Marr on screen while the broadcasters were talking about financial improprities. I’m was wondering , “what has he done now?” Come to find out it was Brandon.
The family putting up the money behind Barber still seems to stay out of the light. The Chambers sisters and daddy’s bank, which also leads to Jerry Jones. I guess they are ” too big to fail”.
Unless their names were on the loans, they aren’t involved.
Banks were loaning money for nothing. Checks were free.
Who’s really to blame?
Yeah that’s it. It’s the banks fault. Free Brandon.
I just hope he squeals on some of his buddies to bring them down with him.