Regulations and Government
Tyler execs plead guilty to money laundering
Two top executives of Tyler Jet L.L.C.

Two top executives of Tyler Jet L.L.C. pleaded guilty last month in Texas Eastern District Court on one count of money laundering in a scheme that cost banks, businesses and individuals across the country nearly $20 million.

According to the office of the U.S. Attorney, former president and CEO Timothy Beverley, 47, and former CFO Gregory Hopper, 49, were accused of wire fraud, bank fraud and money laundering.