St. Petersburg man defrauds government out of nearly $800K, invests in stocks

Louis Thornton III was sentenced to more than three years in prison. He's currently serving his sentence at the U.S. Penitentiary, McCreary.

  • By Business Observer Staff
  • | 5:00 a.m. July 30, 2022
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
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The owner of three nonexistent health care businesses was sentenced to three years and six months in federal prison after receiving more than $800,000 in COVID-19 relief funds. 

Louis Thornton III, a 63-year-old St. Petersburg resident, is serving his sentence at the United States Penitentiary McCreary in Kentucky. He’s expected to be released in March 2025, federal prison records show.   

 

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