MORGANTON, NC — The wife of Alex Nelson will keep the couple’s home in Lenoir and a vehicle after she and the federal government agreed to settle her claim to property the FBI seized in June 2012.
Alex Nelson is the former manager of Foothills Regional Airport. He pleaded guilty in September 2012 to conspiracy, embezzling and money laundering and faces a maximum sentence of 35 years. He is scheduled to have a sentencing hearing Feb. 25 in Asheville.
The FBI seized a Ford Expedition, Chevrolet Corvette, Sun Tracker pontoon boat and put a lien against the couple’s home in June 2012.
Tammy Nelson claimed money she had earned or received paid for the Ford Expedition, Chevrolet Corvette, Sun Tracker pontoon boat, a swimming pool and improvements to the couple’s home.
According to an order Feb. 10, the government and Tammy Nelson consented to a settlement that gives Tammy Nelson the home and the 2006 Ford Expedition. The home has an estimated gross value of $164,000 before payoff of substantial liens and the vehicle has a gross value of $6,075, according to government documents.
The settlement came after both parties said they wanted to avoid further costly litigation about property that has equity of less than $100,000, an order on the settlement said.
The order said the federal government agrees the properties were purchased prior to the crimes it says were committed and improvements to the home were made with co-mingled money.
The federal government gets the Sun Tracker pontoon boat, which is valued at $16,805 and the 2001 Chevrolet Corvette convertible, valued at $16,950, according to the order.
The government will sell off the property to use toward Alex Nelson’s restitution imposed by the courts.
The two parties agree not to litigate against each other.
The FBI raided the airport in June 2012, seizing files, records, computers, log books and other information. The warrant included records from the airport involving Nelson, Adkins and Hullette defrauding the airport of at least $100,000.
The warrant also called for seizing any files, records or information related to Hullette Aviation, Burkemont Service Center, RANMAC Inc., Jeffrey Rose, Grady Rose Tree Service, Jimmy “Ron” Gilbert, Gilbert Grading and Construction, Simon Roofing and Parton Lumber.
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