Will this affect your trip?
From the Austin paper today:
RV company president guilty
A federal jury on Monday found the president of a recreational vehicle company with dealerships in Buda, Seguin and Mission guilty of money laundering and bank fraud.
Federal prosecutors charged that Jim Rich, 55, president of Interstate RV Center Inc., misrepresented his inventory of recreational vehicles on applications for loans from Pacific Southwest Bank. The loans were "floor plan loans" and were contingent upon Rich putting a bank lien on unsold vehicles.
Rich was found guilty of four counts of money laundering, money laundering conspiracy, conspiracy to commit bank fraud and aiding and abetting bank fraud. The top count carries a maximum punishment of 30 years in prison.
Rich was indicted in May after an investigation by special agents with the IRS and the FBI. The U.S. attorney's office in Austin prosecuted the case.