No prison delay for SC developer in fraud case - WMBFNews.com, Myrtle Beach/Florence SC, Weather

No prison delay for SC developer in fraud case

MYRTLE BEACH, S.C. (AP) - A Myrtle Beach developer who testified at a trial following the death of Anna Nicole Smith is set to report to federal prison Wednesday.

A judge has denied Ford Shelley Jr.'s request to delay his 20-month sentence.

Shelley was charged with arranging fraudulent mortgages for units at his Pineapple Bay condo project. His lawyer says Shelley was the victim of a mortgage broker who misled him about a loan program used to sell the condos.

Shelley agreed to plead guilty to mail fraud related to a condominium development. But now Shelley says his lawyers told him he wouldn't serve any time.

Shelley was an acquaintance of the former Playboy model Smith and testified in a drug conspiracy trial after her death.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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