Chesterton Tribune

Valpo Web marketer charged after casino says he bounced $1.3 million in checks

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CROWN POINT, Ind. (AP) — A northwest Indiana judge issued an arrest warrant for an online entrepreneur who failed to appear in court to face charges related to more than $1 million in gambling debts.

If 37-year-old Johnny Mathis Jr. turns himself in at the Lake County Jail as ordered, he’ll be held under $5.75 million bond.

Lake Superior Court Judge Thomas Stefaniak Jr. issued the warrant after Mathis failed to show up for a hearing Thursday on charges of theft, check fraud and deception. The hearing was reset for April 1.

Mathis, of LaCrosse, has pleaded not guilty.

Defense attorneys Steve Mullins and Adrian Guzman said that Mathis had gone to California on a business trip. But the judge said Mathis did not have permission to leave the state for that purpose.

Mathis’ attorneys didn’t immediately return phone calls to The Associated Press seeking comment Saturday. A message also was left at a number for Mathis’ business.

Mathis was charged in May 2007 after the Horseshoe Casino in Hammond alleged he had written checks in the amount of $1.3 million to cover his gambling losses that were returned by his bank as being drawn on a closed account.

Court records cited by the Post-Tribune of Merrillville indicate Mathis paid $810,000 in criminal restitution on Sept. 14, 2009, and was ordered on Jan. 29 to pay $25,000 by Feb. 1. Records show he made a payment of $25,000 on Feb. 12.

Mathis is the founder of a Valparaiso-based Web marketing firm called Livemercial started in 2003 that claims more than $1 billion in online sales. Livemercial’s Web page says Mathis began the company with a $150 investment and it now has about 100 employees.

Inc. magazine named the company one of the fastest-growing in the country. In September, The Times of Northwest Indiana honored Mathis in its business magazine as one of its “20 Under 40” who contribute to the region’s improvement. A month later, the Northwest Indiana Small Business Development Center presented Mathis its Entrepreneurial Success Award.

Livemercial’s Web site says the company plans to relocate to a 60,000-square-foot dome in Valparaiso. But one of Mathis’ companies, Luckydog LLC, owes nearly $365,000 in taxes on the property, the Post-Tribune reported. Mathis has said that he is appealing the property taxes and has paid the taxes he would owe if it were assessed at what he believes it’s worth.

Another of Mathis’ companies, Livemercial Aviation Holdings, filed for bankruptcy in January after it missed the Dec. 31 deadline to pay back a $6 million loan it took out to buy a jet, the newspaper said. Mathis has said he has an agreement with the bank and has until the end of the year to sell the aircraft and pay off the loan.

 

 

 

 

 

 Posted 3/29/2010