PRICHARD, Ala. (NBC 15) — Larry Knight, a contractor charged in the federal fraud case involving the Prichard Water Works and Sewer Board, has pleaded guilty to three federal charges.
A plea agreement filed Sept. 30 says Knight pleaded guilty to conspiracy to commit mail, wire and bank fraud; bank fraud; and aiding and assisting in preparing a false tax return.
Knight owned K&M Quality Paint Company, which did work for the water board. In a factual statement accompanying the agreement, Knight admitted that he and his company received fraudulent payments for repairs that were never completed and did not benefit the utility, while also performing some legitimate work…