Former CEO charged with embezzling

The former CEO of the now-closed Independence Homes LLC has been indicted by a Grayson County Circuit Court grand jury on embezzlement and money laundering charges.
Joe B. Weddington, 63, of Crumpler, N.C., was indicted for the following charges:
• one count of embezzlement of more than $200 but less than $11,500 from Independence Homes on or about Nov. 5, 2010
• one count of embezzlement of more than $200 but less than $2,000 from Independence Homes on or about Dec. 6, 2010

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