13 months ago
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A federal jury acquitted Kelly Wooldridge of credit card fraud but convicted him of mail fraud conspiracy after hearing testimony for over a week, including descriptions from his co-defendant Todd Tiefel, the company's former chief financial officer.
U.S. District Judge Susan Webber Wright will set a sentencing date after receiving a pre-sentence report in about two months. Wooldridge faces a maximum penalty of 20 years in prison and a $250,000 fine.
Continental Express was based in Little Rock but was sold in December to Celadon Trucking Services Inc. of Indianapolis, leading to the layoff of more than 250 employees.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
