Glenn Straub and Palm Beach Polo Holdings Indicted for Violating Clean Water Act

Straub’s company allegedly dumped fill into a wetland area during June 2005. Another Straub company bought Tesoro at last year’s bankruptcy sale.

Palm Coast, FL – June 29, 2010 – June 22, a grand jury indicted Glenn Straub and his company Palm Beach Polo Holdings with two counts of unlawful discharge into United States waters. Straub is charged with dumping fill into Peacock Pond and another wetland area in June 2005. Straub also heads West Coast Investors, which purchased the golf courses, clubhouse, and remaining building lots of Tesoro through a bankruptcy sale. Tesoro is a Bobby Ginn-developed luxury golf community in Port St. Lucie.

If convicted, Palm Beach Polo Holdings could face up to $1 million in fines. Straub could be sentenced to 6 years in a federal prison. His attorney says his client will vigorously defend the charges.