49.9 F
Bellingham
Saturday, March 28, 2020

Former HomesNOW! president and co-founder pleads not-guilty to first degree theft charge

Jim Peterson, former president of HomesNOW!, at SafeHaven on May 11. // Photo by Zack Jimenez

By Ella Banken

Jim Peterson, former president and co-founder of HomesNOW! pled not-guilty to the charge of theft in the first degree at his arraignment on Friday, Nov. 8.

Peterson’s pre-trial hearing is set for Wednesday, Dec. 18.

Peterson was arrested on Friday, Nov. 1, and booked into Whatcom County Jail on suspicion of first-degree theft. Peterson was released on bail of $10,000 Monday, Nov. 4. 

The conservative estimate of funds misappropriated from the non-profit was $75,000, according to Lieutenant Claudia Murphy of the Bellingham Police Department.

The maximum penalty for a charge of first degree theft in the state of Washington is 10 years in prison and a fine of $20,000. 

Theft in the first degree, which is the theft of anything that exceeds $5,000, is considered a class B felony in the state of Washington.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

3,916FansLike
1,205FollowersFollow
5,483FollowersFollow
0SubscribersSubscribe

Must Read

Pandemic waste production

Ariel Maldonado, owner of Instagram account @gogreensavegreen, spending time in nature. // Photo courtesy of Ariel...

Sports: Pros and cons of Seahawks’ NFL draft pick Malik McDowell

Why did the Seahawks go after a defensive tackle with their first selection in the 2017 NFL draft? Coming off...

Do you know this person?

Police seek identity of man who died at Outback Farm

Latest News

Do you know this person?

Police seek identity of man who died at Outback Farm

Pandemic waste production

Ariel Maldonado, owner of Instagram account @gogreensavegreen, spending time in nature. // Photo courtesy of Ariel Maldonado. By...

How local businesses are adjusting to closures caused by COVID-19

A microscopic view of the virus SARS-COV-2, which causes the respiratory illness COVID-19. // Photo courtesy the Centers for Disease Control...

Western suspends in-person classes for duration of spring quarter 

SARS-CoV-2: The virus behind the behind the COVID-19 disease. // Illustration by Katie Linton, adapted from CDC public domain illustration

‘Virus is widespread in our area’

Health Dept., WWU: 'Assume all public areas have had exposure' On Tuesday, the Whatcom County Health Department...

More Articles Like This