Music Patron's Accountant Charged In Ponzi Scheme - | Nashville News, Weather & Sports

Music Patron's Accountant Charged In Ponzi Scheme


(AP) MURFREESBORO, Tenn. - The accountant of a Murfreesboro arts patron who committed suicide after he was implicated in a Ponzi scheme has been indicted on charges related to the scheme. 

According to a news release from the Tennessee Attorney General's Office, Mark S. Riddle, of Murfreesboro, was arrested on Wednesday. He was indicted by a grand jury on charges of defrauding four investors of approximately $668,000 in May 2007. 

Riddle worked as a certified public accountant for Bob McLean, who was accused of swindling victims of more than $67 million in a Ponzi scheme. He committed suicide in 2007 on the day before he was to appear at a bankruptcy hearing. 

McLean was a major donor to his alma mater, Middle Tennessee State University, and the Country Music Hall of Fame and Museum. 

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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