Founder of Kentucky Drug Rehab Center Indicted on Fraud and Money Laundering Charges
Logos of organizations under the Addiction Recovery Care umbrella are on display at ARC’s career services office in Louisa, Kentucky. Ryan C. Hermens/Lexington Herald-Leader Timmy G. Robinson Jr., founder and owner of what was once Kentucky’s largest drug addiction treatment company, was criminally indicted Thursday by a federal grand jury on charges of wire fraud and money laundering . The indictment, filed in the Eastern District of Kentucky, charges Robinson with fraudulently selling millions of dollars of the same IRS tax credit to two companies. Robinson “devised a scheme” to “unlawfully enrich himself” by selling those tax credits to two parties, the indictment says. Robinson is also charged with two counts of money laundering for spending the proceeds of the fraudulent sale. Robinson has resigned as CEO of ARC, company spokesperson Vanessa Keeton said Thursday. Robinson, 50, founded the company in 2012 after becoming sober and telling people he felt cal...