Maine’s attorney general says the owner of a home construction company has been indicted for stealing $400,000 from clients for projects that were never completed.
Attorney General Aaron Frey’s office said Thursday that 56-year-old Malcolm Stewart, who did business as Castle Builders, was indicted by the Knox County Grand Jury for theft by deception.
The indictment states that Stewart performed no work in return for most of the transactions listed, and in some performed “a minimal amount of substandard work”
It also alleges that he induced two customers to advance him a $50,000 loan which he never paid back.
Stewart closed the business without notice in 2019 and left for South Carolina.
