Former NASCAR driver Justin Boston’s father has just been reportedly indicted with fraud that is worth millions of dollars. Boston’s career was reportedly funded by the scheme his father devised.
Justin Boston’s Father Says He’s Not Guilty
Robert Boston, a former owner of electronics recycling company Zloop and father of former NASCAR driver Justin Boston, has faced accusations of fraud. Robert and his business parted Robert LaBarge were charged on April 18 with wire fraud, securities fraud, bank fraud, and money laundering. The two turned themselves in and the allegations stated that they swindled the investors, lenders, and even the franchises of Zloop.
The allegations also included that the money they fraudulently obtained was used for personal purposes such as the purchase of real estate, private plane, and even the funding of Justin Robert’s racing career. Robert Boston has been released on a $25,000 bond. His lawyer, Kevin Tate stated that Robert Boston has asserted his innocence to all the allegations by pleading not guilty and that he will not be making any comment on the resolution of the case.
Justin Boston’s Short-Lived NASCAR Career
The high-profile fraud case has made headlines because of Justin Boston’s connection to it. Not to mention that the money swindled were used to fund his career as a racer. He made his way to drive in the full ARCA Racing Series season in 2013 and was even recognized as a talented rookie. By 2015, Justin Boston left Kyle Busch Motorsports (KBM) because of his sponsor, Zloop breached their agreement with the team.
Justin Boston ran nine races for KBM and after parting ways with the team, KBM sued him and Zloop. If Robert Boston and his partner are found guilty, they will most likely face decades in prison. As revealed in the press release, the conspiracy charge and bank fraud charge alone carry 30 years in maximum term.