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For Fabian, it’s business before prison
For Fabian, it’s business before prison
Listen to this articleEven an imminent nine-year federal prison sentence for a multi-part, multi-million-dollar fraud scheme cannot extinguish the entrepreneurial spirit in Alan Fabian.
The Hunt Valley consultant, certified public accountant and major Republican Party donor is spending this weekend in sunny Orlando, Fla., at the National Association of Realtors Conference/Expo. He’s there to market a Web application developed by his latest business, 4th Sector Ventures LLC, which was formed a year ago — after his August 2007 indictment but before his May guilty plea.
I can’t speak for Fabian’s company, but I do know that so-called fourth sector organizations are generally socially responsible for-profits and that Fabian invented learning software at his since-bankrupted nonprofit in downtown Baltimore, the Centre for Management and Technology.
The Orlando trip, and a long Thanksgiving weekend with his family and friends at his soon-to-be forfeited North Carolina beach house, come courtesy of U.S. District Judge Catherine C. Blake, who sentenced Fabian two weeks ago.
Blake granted the unopposed motion for modification of release conditions on Wednesday. Fabian’s movements have been limited since his indictment and were further curtailed when he pled guilty.
Blake’s predecessor as presider, U.S. District Judge Richard D. Bennett, had been less willing to make exceptions for Fabian: Bennett denied an August request for a two-week family beach vacation to North Carolina even though neither Fabian’s pretrial services officer nor federal prosecutors objected to the idea.
BRENDAN KEARNEY, Legal Affairs Writer
