Houston News: tycoon

Friday, May 18, 2012

Polo tycoon convicted in deadly crash could leave jail today

HOUSTON (KTRK) -- Polo tycoon John Goodman could be out of jail and back at his Wellington Estate as soon as today.

He's expected to be released on a $7 million bond while he appeals his DUI manslaughter conviction and 16-year prison sentence.

A jury found Goodman guilty of DUI manslaughter and vehicular homicide for a 2010 crash in West Palm Beach, Florida.

As part of the agreement, Goodman will pay for two off-duty sheriff's deputies to stay within 100 feet of him at all times, which will cost him about $2,000 per day.

Goodman also had to agree to exit the Wellington social scene.

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Sunday, May 13, 2012

Houston tycoon sentenced for deadly wreck

HOUSTON (KTRK) -- Houston tycoon John Goodman has just been sentenced to 16 years in prison for the 2010 drunk driving death of a Florida man.

Goodman's Bentley slammed into the car driven by Scott Wilson, 23, pushing it into a canal where he drowned.

This case had received national headlines after Goodman adopted his girlfriend in order to preserve his fortune while negotiating a civil suit settlement.

Goodman had claimed his car malfunctioned and lurched forward causing the crash. Goodman was also given a $10,000 fine.