XBIZ NEWS: Alpha Red CEO Arrested After Skipping Chapter 7 Proceedings
HOUSTON ? The former CEO of the defunct web hosting provider Alpha Red was ordered by a federal judge today to post his home and life insurance as collateral after he was picked up by federal marshals.
James McCreary was arrested by the U.S. Marshal's Service last week after he failed to appear at his company's Chapter 7 bankruptcy proceedings in January and later was found in contempt.
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