Nathan Reardon will get 9 months in jail for ignoring choose’s order to cease being a landlord

A person who has labored within the Bangor area as a businessman and property supervisor, and was convicted of defrauding the federal authorities, will serve a further 9 months in jail after a federal choose dominated Friday that he violated the circumstances of his launch.
Nathan Reardon was arrested in August for allegedly violating the circumstances of his supervised launch after a Bangor Day by day Information investigation discovered that he was persevering with to function as a landlord, incessantly renting out flats in disrepair, regardless of express orders from a choose to cease. U.S. District Courtroom Decide Lance Walker ordered Reardon to be held in custody till his revocation listening to on Friday.
On the listening to, Walker sentenced him to 9 months in federal jail. The choose additionally ordered Reardon to endure about two years of supervision in the neighborhood after his launch.
Friday’s sentencing concludes Reardon’s second prison case in about two years. Final 12 months he was convicted of fraud for falsifying payroll data for one among his companies to get a $60,000 Paycheck Safety Program mortgage. Walker sentenced Reardon to twenty months in federal jail and three years of supervised launch on Nov. 3, 2022, for these costs.
As a part of that sentencing, the choose ordered Reardon to “dissolve any firms and companies that exist on the date of sentencing.”
A particular situation of Reardon’s launch additionally barred him from working for himself or beginning any new enterprise. Whereas he was ordered to work upon his July launch from federal custody, he may solely work for a “disinterested third occasion.”
However a Bangor Day by day Information investigation discovered Reardon continued working firms he wasn’t speculated to.
In a petition to revoke Reardon’s supervised launch, Mitchell Oswald, his probation officer, argued Reardon didn’t precisely report all of his monetary data, and continued working companies he fashioned regardless of the court docket order prohibiting him from working for himself or any blood kinfolk. He was discovered with a number of firearms in violation of one other launch situation, Oswald stated.
On Aug. 10, federal regulation enforcement officers searched Reardon’s residence and located a loaded Ruger LCP pistol wrapped in a T-shirt in a closet of his residence, a Jennings pistol within the glove field of a automobile parked in his driveway, and a stun gun in his bed room closet, in accordance with court docket information.
Moreover, Oswald stated Reardon did not cease representing himself as president, founder and CEO of 1 his firms in emails regardless of a directive from his probation officer to cease. Reardon additionally allegedly opened a brand new line of credit score with out approval from his probation officer, violating one other situation.
A warrant was issued for Reardon’s arrest on Aug. 16, however he wasn’t arrested till the morning of Aug. 24 when he met together with his probation officer.
At first of the listening to Friday, Assistant U.S. District Legal professional Andrew Lizotte instructed Walker the federal authorities had dropped the weapons violation. Reardon didn’t contest the opposite costs.
Particularly, Reardon didn’t contest the allegations that he did not precisely report back to his probation officer all of his monetary data, continued working companies he fashioned regardless of a court docket order to not, incurred new strains of credit score with out permission and lied to his probation officer.
The federal authorities sought to imprison Reardon for the utmost allowable time of 9 months.
“Years in the past, this could have clearly been chargeable as contempt of court docket,” Lizotte stated. “These are apparent transgressions of the court docket’s particular directives.”
Reardon, his spouse, and his lawyer, Hunter Tzovarras, all requested the choose to contemplate a lesser sentence. In his deal with to the court docket, Reardon requested Walker to condemn him to residence confinement, so he may spend extra time together with his youngsters.
“I’ve realized that I must do higher. I’ll do higher in the event you give me one other probability,” Reardon stated. “I’ve misplaced nearly one other 60 days with my household up to now. Please permit me to go residence and care for my household.”
When figuring out his sentence, Walker stated he thought of many components, together with what Reardon and his spouse stated. Nevertheless, he remained involved about how “cavalierly” Reardon violated his launch circumstances, Walker stated.
“I’m so terribly confused by this devoted resistance to adjust to the court docket’s order,” Walker stated. “It issues me as a result of it has the patina of irrationality. It’s simply merely irrational.”