On Aug. 18, 2017, Mike Cash, Sr. was found guilty on all counts of a 21-count indictment featuring two counts of violating the (Racketeer Influenced and Corrupt Organizations) RICO Act and 19 counts of converting funds collected for the benefit of the state.
Friday he will learn his fate.
Sentencing is scheduled for 1:30 p.m. on Friday, Sept. 1, 2017 in front of Alcovy Circuit Superior Court Judge Samuel D. Ozburn. Cash’s wife, and co-owner of the businesses that operated in Monroe as Mike Cash Office Products, Deborah Cash, was sentenced last year after pleading guilty to one count of violating the state Racketeer Influenced and Corrupt Organizations Act. She is currently in a state woman’s prison and is scheduled for release by Dec. 10, 2020 at the latest. Mike Cash, Sr, has remained in Walton County Detention Center pending sentencing since his conviction a little less than two weeks ago.
“Mr. Cash is facing a minimum of 5 years and a maximum of 20 years for the RICO charge. The other counts would all merge for purposes of sentencing,” Walton County Senior Assist. District Attorney Randy McGinley said. “In addition, the RICO count can include a fine up to three times the amount of the loss to the victim.”