JACKSONVILLE, Fla. \u2014 A popular Avondale restaurant acknowledged on Instagram on Friday that a man who recently plead guilty to fraud was its founder, but that he left more than a year ago and has since prompted the establishment to institute \u201cstronger financial controls.\u201d<\/p>\n
Josephine, an Italian restaurant on St. Johns Avenue, posted that 45-year-old George Joshua Floyd\u2019s guilty plea for $1.15 million in fraud has caused it to make changes.<\/p>\n
\u201cHe has not been involved with Josephine since spring of last year,\u201d the post read, \u201cand has had no role in the restaurant\u2019s operations or management since that time.\u201d<\/p>\n
The post described a new operator, manager, and chef that it said have strengthened the business.<\/p>\n
\u201c(The team) implemented stronger financial controls and oversight.\u201d<\/p>\n
In announcing Floyd\u2019s guilty plea earlier this week, U.S. Attorney Gregory W. Kehoe said Floyd faces a maximum penalty of 20 years in federal prison.<\/p>\n
Floyd also agreed to forfeit $1,159,596.26 in personally obtained proceeds and pay full restitution to the victims, Kehoe said.<\/p>\n
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