Matthew Banks was arrested on an outstanding Pensacola Police Department warrant issued by the Pensacola Police Department. He surrendered at the Okaloosa County Jail Wednesday evening on a a third degree felony charge of contractor fail to refund.
Okaloosa County Jail records first available Friday show he was released on a $2, 500 bond.
The contractors licenses of both Matthew Banks (pictured below left) and Jesse LaCoste (pictured below right) have been revoked by Escambia County.
Both were accused of taking tens of thousands of dollars in payments from county residents for home improvement projects and repairs but never completing, or even starting, the work.
Banks, of Banks Construction, had been ordered by the Escambia County Contractor Competency Board to pay restitution to two homeowners for unfinished repairs.. LaCoste, of LaCoste Construction Group, was also ordered to pay restitution to another homeowner The county says both failed to pay by a Wednesday deadline.
According to our news partners at WEAR 3, Banks and LaCoste are brother-in-laws.
Santa Rosa County has also revoked Banks’ contractors license. He has also filed for bankruptcy in federal court.
Banks has been the subject of over a dozen complaints to the Escambia County Contractor Competency Board this year, according to board agendas.
Banks also registered the business names 3 T Construction, LLC and Fourtee Construction, LLC in April and May, respectively, according to the Florida Division of Corporations.
LaCoste has not been arrested on any charges.
Banks’ mugshot was not immediately available from Okaloosa County.
Written by William Reynolds · Filed Under FRONT TOP