Sommet Group leaders charged in federal indictment - WSMV Channel 4

Sommet Group leaders charged in federal indictment

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NASHVILLE, TN (WSMV) -

Federal criminal charges have been filed against the heads of the Sommet Group, a company whose name was once up in lights in downtown Nashville.

The name Sommet once adorned the arena on Broadway, now known as the Bridgestone Arena.

The indictment confirms that Brian Whitfield, Marsha Whitfield and Sommet co-founder Edwin Todd, are being asked to fork over $20 million because of their alleged criminal actions.

This comes a year after federal agents attempted to raid the Whitfields' Franklin home.

The Whitfields have been at the center of this controversy for some time.

Now, the indictment confirms that they, and co-founder Dr. Edwin Todd, face conspiracy charges for allegedly defrauding their own employees, their clients and the Internal Revenue Service.

The indictment, filed Thursday, also states Marsha Whitfield took steps to conceal the fraud.

More than two dozen creditors are trying to seek restitution.

Back in July 2010, the FBI also raided Sommet's Franklin headquarters looking for evidence of fraud.

They face 15 criminal counts, including money laundering, wire fraud and theft.

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