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Southern Indiana business owner arrested on felony charges of fraud and theft

john gibbs
Indiana State Police
john gibbs
SOURCE: Indiana State Police
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Southern Indiana business owner arrested on felony charges of fraud and theft
After a months-long investigation, a southern Indiana business owner has been arrested on multiple felony charges.ISP said 57-year-old John Gibbs, owner of Gibbs Innovative Manufactures, was arrested on Friday. He's being charged with multiple counts of fraud and theft, along with one count of corrupt business practices, all of which are felonies.Police were tipped off in March by a business vendor, who alleged that Gibbs was practicing fraudulent business. They told police that Gibbs paid for services with a fraudulent check, valued at more than $10,000.Investigators say they believe that Gibbs wrote the check knowingly the day after he closed the checking account it was associated with.Throughout their investigation, police discovered more vendors who were possible victims of Gibbs. Vendors in this case were contractors in southern Indiana and a local financial institution, according to police.In total, police say that more than $302,000 was either stolen or fraudulent in Gibbs' case.Gibbs was arrested at a hotel in Simpsonville, Kentucky, on Friday by Kentucky State Police. ISP said that he was arrested on related warrants from Kentucky, Tennessee and Georgia.Louisville Metro Police Department and the Scott County Prosecutor's Office assisted in the investigation leading to Gibbs' arrest.

After a months-long investigation, a southern Indiana business owner has been arrested on multiple felony charges.

ISP said 57-year-old John Gibbs, owner of Gibbs Innovative Manufactures, was arrested on Friday. He's being charged with multiple counts of fraud and theft, along with one count of corrupt business practices, all of which are felonies.

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Police were tipped off in March by a business vendor, who alleged that Gibbs was practicing fraudulent business. They told police that Gibbs paid for services with a fraudulent check, valued at more than $10,000.

Investigators say they believe that Gibbs wrote the check knowingly the day after he closed the checking account it was associated with.

Throughout their investigation, police discovered more vendors who were possible victims of Gibbs. Vendors in this case were contractors in southern Indiana and a local financial institution, according to police.

In total, police say that more than $302,000 was either stolen or fraudulent in Gibbs' case.

Gibbs was arrested at a hotel in Simpsonville, Kentucky, on Friday by Kentucky State Police. ISP said that he was arrested on related warrants from Kentucky, Tennessee and Georgia.

Louisville Metro Police Department and the Scott County Prosecutor's Office assisted in the investigation leading to Gibbs' arrest.