State v. Johnson

Connor, Judge:

Wayne Johnson and Margaret Cloherty were convicted of breach of trust with fraudulent intent. They appeal. We affirm.

FACTS

In 1989 Hebden Willox created a charitable trust called the Willox Foundation (the Foundation) to acquire and develop suitable retirement sites for people who had “devoted [their lives] to the furtherance of religious beliefs.” Willox named himself, Johnson, and Menighan trustees. The Foundation then created the Willox Development Corporation (the Corporation) to purchase and develop Palmetto Bay Marina on Hilton Head Island as a retirement community for…