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ON Store

Federal Criminal Charges Brought Against Former Vann’s CEO Manlove

January 21, 2016 by Ted Leave a Comment

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

Filed Under: Law, News, Pivot Point, Retailers Tagged With: BigSkyCountry.com, ESOP, George Leslie Manlove, George Manlove, indictment, ON Store, Paul Lyn Nisbet, Pete Vann, PRO Group, Vann's, Velodyne

Former Retail Shining Star Vann’s Declares Bankruptcy

August 15, 2012 by Ted Leave a Comment

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

Filed Under: Economic Trends, Industry Trends, Law, News, Pivot Point, Retailers, Specialty, Strategy Tagged With: BigSkyCountry.com, Denon, GE Capital Solutions, GE Commercial Distribution, George Manlove, Jerry McConnell, Klipsch, Marantz, ON Store, Onkyo, Pete Vann, PRO Group, Vann's, Velodyne, Yamaha

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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