Bussiness
Morgantown business owner charged after stealing federal broadband funds
MORGANTOWN, W.Va (WDTV) – The owner of Clearfiber Inc. has been charged with money laundering tonight.
Clearfiber Inc. is an internet service provider in Monongalia County.
According to a release from the U.S. Attorney’s Office for the Northern District of West Virginia, Timothy Chad Henson, age 35 from Morgantown, and on behalf of Clearfiber, was awarded $1.96 million to bring high-speed internet service to Monongalia and Marion Counties.
He allegedly submitted false invoices to the U.S. Department of Agriculture to receive over $340,000, and then transferred $322,900 into a separate bank account for his personal use.
Henson will face up to 10 years in federal prison. He is scheduled to appear before a magistrate judge on May 29th for an initial appearance.
The case was investigated by the Internal Revenue Service, Criminal Investigations.
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