Rochester Hills Contractor Gets 21 Years In Prison For Fraud

ROCHESTER HILLS, MI — A Rochester Hills man has been sentenced up to 21 years in prison on multiple felony charges stemming from fraud he committed through his various construction businesses, Michigan Attorney General Bill Schuette announced Thursday. John Houston Floyd reportedly harmed Michigan homeowners and a locally-owned bank, Schuette said.

“When someone betrays the trust of and steals from their customer it is not only disgraceful but illegal,” said Schuette. “Today’s sentence should serve as a reminder to others that there are legal consequences for actions that break the law. Financial crimes ruin lives, setting families back years in savings, and causing hardships with long term impacts.”

Floyd is a building contractor and has two companies registered in his name: Cement Giants LLC and Roof Giants LLC. An uncovered that Floyd would collect money from potential clients for construction projects that he then failed to complete.

He also conspired to obtain money fraudulently from the Rochester Flagstar Bank Branch, Schuette said. The scheme involved depositing a check into a personal bank account that could not clear the bank. The check was then transferred to the bank account of Floyd’s business where it was withdrawn. This defrauded the bank of tens of thousands of dollars.

Floyd pleaded guilty as charged on April 24. He was sentenced to the following on May 21 before Judge Hala Jarbou in Oakland County Circuit Court:

• 4 ½ years to 15 years on one count of Fraud by False Pretenses;
• 4 ½ to 7 ½ years on one count of Conspiracy; and
• 4 ½ to 21 years on one count of Forgery affecting real property.

Floyd was sentenced as a habitual offender. He was also ordered to pay restitution to clients who had money stolen and Flagstar Bank. Floyd contested the amount and there will be a hearing on restitution on June 27.

This case was investigated as part of the Detroit Metro Identity Theft Task Force and lead by the Rochester Police Department.

Image via Shutterstock

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