The man who used to partner on a prominent local car dealership is now accused of swindling customers of the former business.
Jeff Grisham faces a huge list of charges: six counts of Misapplication of Fiduciary Property, six counts of Hindering Secured Creditors, and three counts of misdemeanor Theft.
The 41-year-old Bryan resident turned himself in to Bryan Police Wednesday. In 2004, he began a partnership with local attorney Fred Bayliss and State Representative Fred Brown in Fred Brown's Tejas Auto Center and Tejas Auto Brokers.
Authorities say it was Bayliss and Brown that put the money down for the business, then let Grisham run it on a day-to-day basis.
According to police, customers would pay for their vehicles, with tax, title and license payment going to Tejas Auto Center. Then, when those customers would go to the tax assessors office, they could not register the vehicles. Around 125 customers reportedly had these problems.
The county office had not been paid for the monies collected from customers by Grisham according to police, who also say Grisham didn't pay off liens on trade-ins at the business.
In addition to all those allegations, Grisham is accused of taking out a loan, then not paying the bank back. That loan was for the business to floor plan cars.
The theft charge stems from checks Grisham allegedly wrote from the auto center's account for his own benefit, with an alleged $34,000 taken.
Total bond was set at $29,000. Grisham is out of jail.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.