Plea hearing set for ex-CEO of W.Va. broadband firm

Published 11:26 am Friday, February 20, 2009

HUNTINGTON, W.Va. (AP) — The former chief executive of a defunct Parkersburg-based broadband company is headed to federal court for a plea hearing on charges of misappropriating about $4 million.

According to court documents, Heidi Laughery is scheduled to appear before U.S. District Court Judge Chuck Chambers at 10:30 a.m. Friday in Huntington.

Laughery was indicted in August on federal charges of frauds and swindles, bribery involving federal programs, money laundering and embezzlement. Her trial was scheduled to begin next week.

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The indictment charged that Laughery conspired with others to embezzle from Parkersburg-based Sequelle Communications Alliance Inc., which she ran from September 2001 to March 2005.

Two other defendants have pleaded guilty. A fourth defendant is awaiting trial.