Arkansas Developer Ordered Jailed on Insurance Fraud Convictions

October 6, 2010

Little Rock developer Aaron Jones, who was convicted of setting fire to his $1.6 million family home in an insurance scheme, has been taken into custody so he can start serving time pending a prison sentence.

Arkansas Business reports that a federal judge ordered Jones into custody after a brief hearing on Jones’ request to remain free pending formal sentencing. Prosecutors asked that Jones be locked up on grounds that arson qualifies as a crime of violence.

Jones was heavily in debt when he allegedly burned the home in hope of collecting a $2.8 million insurance payment. Jones claimed intruders bound him and burned the home.

He was found guilty last week of mail fraud and using fire in the commission of a felony.

Information from: Arkansas Business

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