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George Manlove

HARD TIME: Vann’s Ex-CEO Gets 5+ Years in Federal Prison

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Judge: ‘…Arrogance, That Defies Explanation’

Photo of George Manlove, now with Velodyne
George Manlove

 

In February, we reported that George Leslie Manlove was convicted on approximately 170 out of a total of 200 Federal felony counts stemming from his tenure as CEO of the now-defunct Vann’s Electronics & Appliances in Montana. A few days ago, Manlove learned his fate in the form of a sentence from U.S. District Court Chief Judge Dana Christensen, and it wasn’t a pretty picture. Manlove has been ordered to serve a sentence of more than 5 years in a Federal Penitentiary.

See more on this fall from grace by Manlove, the former CEO of Vann’s… [Read more…] about HARD TIME: Vann’s Ex-CEO Gets 5+ Years in Federal Prison

GUILTY: Former Industry CEO Manlove Convicted on Multiple Federal Charges

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Almost exactly one year ago, we told you that former CEO of Montana specialty retailer Vann’s, George Leslie Manlove, was charged with more than 200 counts of criminal conduct by Federal prosecutors after an investigation by the FBI and the Department of Labor. Manlove, who is married to the daughter of the founder of Vann’s, was accused of a number of crimes including conspiracy, wire fraud, money laundering, bankruptcy fraud, bank fraud, and making false statements.

Now we learn that after a two-week trial and two days of deliberation, jurors found Manlove guilty on 172 of those charges…and aquitted on the rest.

See more about the surprising downfall of Manlove, a former rising star of tech… [Read more…] about GUILTY: Former Industry CEO Manlove Convicted on Multiple Federal Charges

Federal Criminal Charges Brought Against Former Vann’s CEO Manlove

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Prosecutor’s Plea Deal with Co-Conspirator Appears to Have Fallen Through

Photo of George Manlove, now with Velodyne
George Manlove

George Leslie Manlove, former CEO of Missoula, Montana-based Vann’s, Inc. has been arraigned on federal criminal charges brought against him by the FBI and the U.S. Department of Labor. The charges, more than 200 of them in total, allege extensive criminal conduct, including: conspiracy, wire fraud, money laundering, bankruptcy fraud, bank fraud, and making false statements. Manlove has pleaded ‘not guilty’ and was released on his own recognizance.

See more on this stunning fall from grace by a former tech retail star… [Read more…] about Federal Criminal Charges Brought Against Former Vann’s CEO Manlove

Layoffs Hit Velodyne’s Audio Division as Company Bets All on LIDAR

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BREAKING NEWS

Velodyne LogoMultiple sources are reporting that Velodyne Acoustics, Inc. – a once high-flying specialty subwoofer manufacturer – has had a significant layoff in its audio division last week as the company seeks to redeploy its resources full-scale behind its LIDAR business. The company, which is driven by its enigmatic founder, David Hall, is betting its future (betting the farm, some would say) on its LIDAR technology which is used in self-driving vehicles (such as Google’s).

See more on this dramatic shift in business by a former audio high-flyer… [Read more…] about Layoffs Hit Velodyne’s Audio Division as Company Bets All on LIDAR

Former Retail Shining Star Vann’s Declares Bankruptcy

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Vann's LogoBased in Missoula, Montana, Vann’s Inc. has been a shining star of the retail business – for years a hearty player in a rugged part of the country where only the strong survive. Founded in 1961 by Pete Vann, the company has steadily grown over the years – adding locations, diversifying retail formats, and even expanding into online sales. But signs of stress began to emerge this year with the company closing one location in February, then replacing long-time CEO George Manlove in June with a CEO from outside the company, losing the support of a key lender in July, and finally declaring bankruptcy just a little over one week ago.

How did this all happen?…. [Read more…] about Former Retail Shining Star Vann’s Declares Bankruptcy

Velodyne Hires Major Retail Executive to Guide their Direct-to-Consumer Model

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Velodyne LogoVelodyne Acoustics, Inc. announced today that it has hired George Manlove – formerly of Vanns, Inc. – as its Vice President, Global Sales and Marketing. Manlove is a very high-profile executive best known for his 26-year tenure as President and CEO of Vann’s, Inc., a Montana-based traditional bricks-and-mortar and Internet retailer. Manlove also served as chairman of the Progressive Retailers Organization (PRO Group), a national retailer buying group. [Read more…] about Velodyne Hires Major Retail Executive to Guide their Direct-to-Consumer Model