K9 and helicopter search underway for escaped inmate

Richmond developer Billy Jefferson Jr. arrested again

Billy G. Jefferson

Billy G. Jefferson

RICHMOND, Va. (RichmondBizSense.com) –  Local developer Billy G. Jefferson Jr. is back in jail.

The prominent Richmond landlord and apartment developer, who is awaiting sentencing for scamming the federal and state historic tax credit programs, was arrested at his home Feb. 14 by U.S. Marshals for allegedly violating conditions of his federal bond agreement.

He has since been held at the Pamunkey Regional Jail in Hanover County and is scheduled to appear in federal court for a status hearing at 10 a.m. Friday.

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