William Monroe, a former VP in Meritage Homes' Nevada division, faces up to 20 years in prison after pleading guilty to stealing $1.4 million from the builder. According to an AP report, Monroe submitted fraudulent invoices to his former employer over a four-year period. Monroe could also be required to pay fines of up to $250,000.
Read the AP report.
Advertisement
Related Stories
Business Management
How to Create a More Inclusive Workplace for Women in Construction
Consider these tips and techniques to attract and retain more women in your home building company and reap the benefits of a more diverse workforce
Business Management
AI in Home Building ... What Now? What Next?
Artificial intelligence is coming to home building. How can builders use AI in new-home construction? Start with this primer
Business Management
Ways to Improve Home Building Productivity, Part 2: Automation
Home builders can maximize efficiencies gained through simplification and standardization by automating both on-site and back-office operations