CyberNet widow gets 7 yrs. in prison, must pay back $73 million

Full story: WZZM Grand Rapids

A federal judge today sentenced Krista Watson, the widow of CyberNet founder Barton Watson, to seven years in prison and ordered her to pay $73 million in restitution for her role in the company's fraud case.
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1 - 20 of 25 Comments Last updated Apr 19, 2011
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sara

Waukegan, IL

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#1
Dec 11, 2007
 

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I haven't really looked at TV news on line, not having broadband until recently. Today I've been looking cause I'm working from home before heading in to GR for an afternoon meeting.
My comment: This doesn't tell me anything. It is like those little 5second teaser ads you have on tv. I just looked at the Cybernet info and there is one fact... no referral to someplace more for additional info...
Why would I come here for news...or don't you want me to.
Thanks, that's my comment
Ding Dang

United States

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#2
Dec 11, 2007
 
So glad to hear she recieved jail time.
Exactly how is she going to pay back 73 million?
Book deal, or maybe movie of the week.

I doubt it.
OJ has a 33 million civil suit and has never paid any!
Taxpayer

Grand Rapids, MI

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#3
Dec 11, 2007
 
I'm sure she'll be cutting that check for the $73 million right away... what an absolute mess, and to only receive probation is ridiculous. She's fleeced the system and cost people jobs. Not to mention the high taxpayer cost of dealing with this in court. The Watson's were absolute pigs. They flaunted their so-called wealth and made people kiss their @sses, yet all the while they were stealing. She deserves jail time!

“Lost in the middle somewhere..”

Since: Nov 07

Location hidden

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#4
Dec 11, 2007
 
Taxpayer wrote:
I'm sure she'll be cutting that check for the $73 million right away... what an absolute mess, and to only receive probation is ridiculous. She's fleeced the system and cost people jobs. Not to mention the high taxpayer cost of dealing with this in court. The Watson's were absolute pigs. They flaunted their so-called wealth and made people kiss their @sses, yet all the while they were stealing. She deserves jail time!
You must have missed the part of the article that said she received 7 years in prison PLUS 3 years probation.
queen obvious

Kalamazoo, MI

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#5
Dec 11, 2007
 

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sara, if you have never heard of the cybernet scandal, you not only never watch local tv or read a newspaper, you live under a rock. try google.
Ding Dang

United States

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#6
Dec 11, 2007
 
well said, Queeny!
Justice

Miami, FL

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#7
Dec 11, 2007
 
sara wrote:
I haven't really looked at TV news on line, not having broadband until recently. Today I've been looking cause I'm working from home before heading in to GR for an afternoon meeting.
My comment: This doesn't tell me anything. It is like those little 5second teaser ads you have on tv. I just looked at the Cybernet info and there is one fact... no referral to someplace more for additional info...
Why would I come here for news...or don't you want me to.
Thanks, that's my comment
You sound dazed and confused...maybe working at home too much!

This storyline has been going on for years, so if you think the whole thing should be laid out for you, guess you are wrong.

Maybe you should read the paper, watch the news more often so you will not be so dazed and confused...

Finally this loser is getting what she was due, her tears, running off and having a baby, lying, and all of the other delay tactics that she used to benefit her.

May she enjoy her new MANSION, sorry but no horses or expensive cars. Heard the clothes make a fashion statement...

Wonder how much money she has stashed..oh that's right she is penniless...
Old School Mate

Greenville, MI

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#8
Dec 11, 2007
 
You all should know by know that neither Bart or Krista were the brains behind this. It was his mommy dearest and she got off scott free. I've known him since high school and he couldn't even blow his own nose without mommy.
Dawn

Caledonia, MI

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#9
Dec 12, 2007
 
Yeah,
Nail 'em and nail 'em hard!!
SPARKY

Pontiac, MI

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#10
Dec 12, 2007
 
These people exemplify the greed and brazen audacity of white collar criminals. They are money grubbing scum and deserve the harshest sentence possible.
PASS THE POPCORN

Grand Rapids, MI

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#11
Dec 12, 2007
 
HARRY CAMPBELL WHO SITS ON THE GRAND RAPIDS SCHOOL BOARD IS ON THE RADIO SAYING THIS WOMAN ONLY RECIEVED ONE YEAR HOME DETENTION. HES SAYING THAT WHITE PEOPLE HAVE A LICENCE TO STEAL. THIS IS WHATS RUNNING YOUR SCHOOL BOARD. HARRY CAMPBELL AND OTHER RADICAL NEGROS. NO WONDER THE SCHOOLS ARE IN SUCH BAD CONDITION.THE BOARD MEMBERS ARE NOT INTELLEGENT ENOUGH TO EVEN READ A NEWSPAPER. BLAMEING THEIR WOES ON THE WHITE RACE ONCE AGAIN. WAKE UP GRAND RAPIDS.
SPARKY

Pontiac, MI

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#12
Dec 12, 2007
 
Please back up your claim, Popcorn. What radio station was that?
Pat

AOL

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#13
Dec 12, 2007
 
I would gladly do seven years for stealing 7 million. come on where is the justice for the length of time they lived a good life on someone else's $$$$.
No justice at all in any of these defendants 7 years is peanuts for the crime.
PASS THE POPCORN

Grand Rapids, MI

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#14
Dec 13, 2007
 
SPARKY wrote:
Please back up your claim, Popcorn. What radio station was that?
wjnz between 3 and 4 pm.
kyle c

Mishawaka, IN

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#16
Nov 27, 2008
 

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first of all that baby has nothing to do with it... Krista may have been in the wrong but do not talk crap about the baby or her new husband.. That baby is my goddaughter and i will kick anyone square in the nuts if theykeep bringing up that sweet little girl that doesnt have anything to do with what her mom has done in the past
GYR

Norwalk, CA

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#17
Jun 25, 2009
 
I'm sure his mom was involved, but trust me; he probable looked and act stupid intentionally. He could be a successfull man and he could have done a lot good things but he choose not to.
Erik S

South Bend, IN

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#18
Dec 5, 2009
 

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I was just over at Krista's new husbands house! I wish i could steal loads of money. Everyone is just mad off because they're broke. F**k you all, except of course Kyle C, cuz that's my dude.

“otr trucker”

Since: Feb 09

ionia mi

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#19
Dec 6, 2009
 
hopefully that lil bastard child is also sharing that federal prison cell with mommie, guilty by association i call it. To much pussification in America today (blaming others for your f**ups)
sister sister

Scotts, MI

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#20
Dec 8, 2009
 
walmartbiker wrote:
hopefully that lil bastard child is also sharing that federal prison cell with mommie, guilty by association i call it. To much pussification in America today (blaming others for your f**ups)
Your such a azzz to say anything about a child,What did he or she have to do with any of this?You fricken wally NUT!!!Get *u*cked.....lol
Mike D

Westlake Village, CA

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#21
Jan 26, 2010
 
Where is the rest of the money hidden?? too much to spend, even if it got consumed in the ponzy negative money flow....
After all, when you look at it, they made payments to the early lenders, until it caught up with them, it is so sad that these pigs got away with short sentences, B.Watson gave himself a BIG sentence, otherwise he would have served sbout 7 years, like the others... he would have been out in his 50s....
His life ending, makes him high profile !!

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