Ex-Cedar Hills mayor faces felony charge

Allegations » After resigning Monday, he now is accused of bank fraud

By  Tom Harvey | The Salt Lake Tribune • Last Updated Jun 27 2012 06:21 pm

The former mayor of the Utah County town of Cedar Hills, who resigned his post this week, is facing a federal bank fraud charge….

For complete story… http://www.sltrib.com/sltrib/money/54389616-79/information-richardson-federal-fraud.html.csp

By Dennis Romboy, Deseret News

SALT LAKE CITY — Three days after resigning as mayor of Cedar Hills, Eric A. Richardson was charged in federal court with bank fraud in connection with an alleged equity skimming scheme.

…Federal authorities will issue Richardson a summons to appear in court on the felony ban fraud charge. He faces up to 30 years in prison and a $1 million fine.

For complete story… http://www.deseretnews.com/article/865558211/Ex-Cedar-Hills-mayor-charged-with-bank-fraud.html

Former Cedar Hills mayor charged with one count of bank fraud

Caleb Warnock and Jim Dalrymple – Daily Herald June 28, 2012

CEDAR HILLS — After the resignation of Mayor Eric Richardson, Cedar Hills is focusing on moving forward. Federal prosecutors also are moving, but in their case with criminal charges against the former official.

Councilman Gary Gygi, who handled media questions after the resignation, told the Daily Herald on Wednesday that the council got Richardson’s resignation letter via email just before midnight on Monday.  Gygi said he called Richardson but has not been able to get a hold of him and does not believe anyone else on the council has spoken to him directly either…

…So what are residents to think of his resignation?

“They should take him at his word,” Gygi said. “I’m not going to read too much into it. I am saddened by it. I think he was a good mayor and a good and honorable man…”.

For complete story see… http://www.heraldextra.com/news/local/north/cedar-hills/former-cedar-hills-mayor-charged-with-one-count-of-bank/article_19dd0973-ca56-5314-ad24-142243af181f.html