The Daily Item, Sunbury, PA

News

March 8, 2013

Suspect in fraud case pitches new project in Snyder County

SELINSGROVE — A Mifflinburg businessman accused of bilking more than $200,000 from investors in a Union County storage facility partnership is working with another group of investors on a proposed condominium development in Monroe Township.

Developer Ted Cresswell was given 10 days last week to deliver an $8,400 check to the Monroe Township to cover planning review fees and ensure his company’s proposed 59-unit townhouse project on 12.5 acres along Mill Road proceeds. After delivering the check Thursday, the developer was granted a 90-day extension on a plan review.

The Brentwood Heights development project includes 2,350-square-foot condos and four parking stalls each.

Creswell reportedly has about 20 investors in the deal. He did not return a call for comment Thursday.

Last week, the state attorney general’s office charged Cresswell with felony deceptive business practices, theft by deception and theft by unlawful taking for taking $241,000 from 10 investors in a storage facility in Union County that wasn’t built.

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