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Former Vann’s CEO George Manlove Convicted Of Federal Fraud Crimes

Founded in 1961 and once viewed as a pioneer in the CE retail industry and a master of re-invention, the employee-owned Vann’s was forced to file for Chapter 11 bankruptcy protection in 2012 (and ultimately Chapter 7 liquidation).  

The retailer was eventually acquired by McMagic Partners and now operates a single storefront in Billings, Mont., as well as an e-commerce site.  

“After a second day of deliberation, a jury found former Vann’s Inc. CEO George Leslie Manlove guilty Friday of federal crimes including conspiracy, wire fraud and money laundering.”

Read the full story on The Missoulian.