The jury trial for four former senior managers of the defunct Hickman Equipment, charged with defrauding the company, is expected to last six months.
William Parsons, Hubert Hunt, John King and Gary Hillyard weren’t in Newfoundland Supreme Court in St. John’s Monday when their cases were called.
Their lawyers and Crown prosecutor Lloyd Strickland agreed to have the trial begin Jan. 13. The evidence in the case is said to be extensive.
Parsons, the defunct company’s former vice-president; Hunt, the former general manager; King, the former sales manager; and Hillyard, the former chief financial officer, were all charged with swindling money from the company 10 years after the shuttered John Deere dealership went bankrupt.
They face almost 20 charges each, including fraud over $5,000 and conspiracy to commit fraud by falsifying company books and financial records.
Hickman Equipment, owned by a local family, went bankrupt in 2002. The company was in the hole to the tune of $113 million.
Police investigated suspicions that someone who worked for the company was selling millions of dollars’ worth of machinery the company didn’t own.