American Shingle Roofing Company CEO Arrested

american shingle roofersThe CEO of the American Shingle Roofing Company -- accused of bilking hundreds of people in 10 states out of their money -- turned himself in to Georgia authorities.

Carlton DeWayne Dunko surrendered to the Bibb County Sheriff's Office on a charge of "theft by conversion," posted $64,800 bond and was released Tuesday night, said sheriff's Capt. Mike Smallwood.Atlanta-based American Shingle filed for bankruptcy in September 2010, owing creditors $10 million to $50 million, according to the Better Business Bureau.

Janet Hart, of the Charlotte BBB, says that at least 300 consumers in North Carolina and South Carolina lost about $2 million to the company.

The company is accused of failing to make roof repairs after being paid for its services, as well as not paying its employees and suppliers. Homeowners signed contracts, filed insurance claims and submitted the checks to American Shingle, but complaints started coming in when the work was never completed.

Dunko's attorney, Brian Steel in Atlanta, told Georgia TV station WMAZ that his client "committed no criminal activity" and will go to trial to clear his name if necessary.

Dunko could be imprisoned for two to 10 years if convicted. Officials in Tennessee, Kansas and Missouri also have been investigating the company.
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