Former Title Company Owner Sentenced to Prison

1 decade 3 years 7 months ago Wednesday, April 05 2006 Apr 5, 2006 Wednesday, April 05, 2006 1:06:41 PM CDT April 05, 2006 in News
A federal judge also ordered Peter Shaw of Foristell to pay back $3 million. Shaw pleaded guilty September 15th to two felony counts of mail fraud and one felony count of interstate transportation of stolen money. Shaw was president of Capital Title Company and Capital Disbursing Company. Both are based out of the same St. Louis office, with 13 branch offices throughout metropolitan St. Louis. In January, Capital Title went out of business and faced a shortage of millions of dollars in its escrow funds.

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