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.