Stone Creek Homes CEO, CFO indicted
MARSHALL COUNTY — The former head and the chief finance officer for the defunct Stone Creek Homes have been indicted by the Marshall County Grand Jury with several felony counts, including theft and receiving stolen property and charges that fall within the Indiana Racketeer Influenced and Corrupt Organizations statute.
In a press release issued Tuesday morning, county prosecutor David R. Holmes said an investigation into the allegations levied against David A. Ferguson, 61, formerly of Plymouth, and Alan G. Donohue, 70, currently of Macon, Ga. were presented to the Grand Jury in January. The indictments were handed down in February, but the court records were sealed to allow Marshall County to confer with law enforcement in other jurisdictions.
The indictments were unsealed Tuesday.
An indictment means that there is evidence to support the charges which are presented, but it does not determine guilt, Holmes said.
Ferguson and Donahue are not in custody.
Ferguson, who has been indicted on 14 counts, was the CEO of Stone Creek Homes which opened in Plymouth in August, 2011. Less than a year later, he left town abruptly, leaving about 45 employees unpaid his office cleaned out at the manufactured home building business here, and his rented residence emptied out as well.
According to news reports, in Marshall County, employees were told that the plant was short on parts and had no money in the account to pay anyone. They were additionally told that it was an indefinite layoff and that they should gather their personal belongings and leave the property.
Under the name Stone Creek Homes, located in the then vacant building on Markley Drive, Ferguson was building “man-camps” to be sent to oil and gas fields for housing. The units were 76 feet long and featured kitchens, bathrooms, sleeping accommodations, and a shared washer and dryer.
Also listed as part of the Snyder, Texas team was Alan Donahue, who served as the CFO for Stone Creek Homes. His 11 indictments from the Marshall County Grand Jury include theft, conspiracy to receive stolen property and corrupt business practices.
The theft charges include what is believed to have been a deposit for manufactured housing units from a North Dakota business man and allegedly unpaid wages for several employees.