U.S. District Judge Joseph Hood ordered Wednesday that an oil company executive pay the U.S. Marshals Service for broken locks replaced at a home in Alabama and put property taken from a home into a storage facility.
Hood gave the order to Michael Smith of Lancaster, who was the president of Target Oil and Gas when he was convicted in July of one count of conspiracy to commit mail fraud and 11 counts of mail fraud.
Smith's son, Shaun Smith of Hustonville, pleaded guilty to charges in the case.
They, and other co-defendants, were accused of using false statements and misrepresentations to lure people into investing more than $12 million in Target Oil between 2003 and 2008.
A hearing was held Wednesday after prosecutors filed a motion asking the court to determine whether the convicted oil officials violated a court order prohibiting spending or using assets without court approval. The motion also said that property was removed from a home in Newtown, Ala. The property is part of a court order that prohibits defendants from depleting assets.
David J. Guarnieri, Shaun Smith's attorney, said Shaun Smith's aunt gave him money. Michael Smith's attorney, Guthrie True, said Michael Smith received money from in-laws. Hood said he was satisfied with the explanations given by the attorneys.
Deputy David Onofrey of the U.S. Marshals Service testified that there were keys broken in locks at the home in Alabama when he went there to execute a court order to seize the property. The deputy got inside the home through an open window and found that items, including a washer and dryer and refrigerator, were missing.
Hood said Michael Smith, who is out on bond until sentencing, should turn himself in to the U.S. Marshals Service if conditions were not met by March 7.