Lubbock man sentenced to prison for money laundering - KCBD NewsChannel 11 Lubbock

12/13/09

Lubbock man sentenced to prison for money laundering

LUBBOCK, TX (KCBD) -A Lubbock man will serve 18 months in prison for money Laundering. Chad W. Read has already paid back roughly $100,000 restitution to the Reaction Fitness Clubs, and still owes $15,000. Read's ex-wife, Emily Read, is accused in a separate case pertaining to the same stolen money. Read's wife was a book keeper for the fitness clubs.

Court records say the money was taken between June 2004 and December 2006. Mr. Read pleaded guilty in August.

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