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Chairman of Yosemite Motor Speedway Convicted of Fraud in New Mexico Print E-mail
News - Local
Written by B|V|N Newsroom   
Monday, 10 February 2003 00:00
MADERA - Investors were shocked to learn of the criminal past of head of the Yosemite Motor Speedway. Madera Online has uncovered forty-five pages of documents that show that the chairman of the racetrack's board of directors faced seventeen counts of fraud, two counts of racketeering and two attempted 3rd degree felonies in New Mexico less than ten years ago.

After a mistrial and a hung jury, Jerry Lowrie agreed to a plea-bargain deal in which he plead guilty to two counts of fraud. Both counts came with an 18-month prison sentence which was to be served consecutively and one year of state parole.

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