Justin Boston

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Father of ex-Truck driver Justin Boston indicted on charges of fraud which funded racing career

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The father of former Camping World Truck Series driver Justin Boston is part of an indictment that includes charges of fraud totaling at least $25 million, some of which funded his racing career.

In an April 18 indictment unsealed Friday, Robert Boston and Robert LaBarge were indicted on four counts of fraud and one count of money-laundering conspiracy by the Western District of North Carolina.

The duo appeared Friday in U.S. District Court in Charlotte where they pleaded not guilty. Boston was released on his $25,000 bond, according to ESPN.

Boston and LaBarge were indicted with one count of conspiracy to commit wire and bank fraud; one count of wire fraud; one count of securities fraud; one count of bank fraud; and one count of money-laundering conspiracy. LaBarge was also charged with one count of false writing in connection with a FBI investigation

If convicted on all charges, the combined maximum prison sentence for Boston, 53, totals 60 years.

“Mr. Boston has asserted his innocence to all of charges by entry of his not guilty plea,” Boston’s attorney Kevin Tate said in a statement to ESPN. “He has no comment pending the resolution of this matter.”

Justin Boston competed for Kyle Busch Motorsports in nine Truck races to begin the 2015 season. In two of those races, his primary sponsor was Zloop, his father’s electronics recycling company.

KBM eventually released Boston and sued him and Zloop for missed payments totaling $650,000.

That lawsuit is pending due to Zloop’s bankruptcy proceedings, according to ESPN.

The unsealed indictment details the allegations against Boston and LaBarge, alleging they “defrauded franchisees, investors, and lenders of their company, Zloop. The indictment alleges that, through their fraud, the defendants obtained millions of dollars, much of which was spent on expensive personal real estate, a private plane, and the racing career of Boston’s son.”

The indictment also alleges the duo used a fraudulent line of credit with Patriot Bank to spend “hundreds of thousands of dollars” on “a private plane, a new Corvette, and a new Grand Cherokee. After Zloop subsequently drew an additional $1.3 million from the credit card line, the indictment alleges that more than $500,000 was spent on racing-related expenditures and approximately $79,808 on a suite at a professional football stadium.”

Kyle Busch Motorsports suing Justin Boston, sponsor company Zloop

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Kyle Busch Motorsports is suing former driver Justin Boston and Zloop, a company owned by Boston’ father, Bob, according to a report by ESPN.

The lawsuit concerns the failure by Boston and Zloop to provide $650,000 in payments of a $3.2 million annual agreement that allowed Boston to drive in the Camping World Truck Series for KBM. Boston has competed in 10 series races the last two years. All nine of his KBM starts in the No. 54 Toyota were in 2015, with his last being the June race at Iowa Speedway.

ESPN says the lawsuit was filed Friday in North Carolina Superior Court in Iredell County and that KBM claims it is owed $4.025 million for the alleged default on the contract.

The contract was for two years at $6.4 million. With 23 races on the Truck schedule, 46 races over two seasons would equal Boston paying KBM $139,130 a race.

The report also indicated it might be difficult for the KBM to receive the payments from Zloop, a computer recycling company co-founded by Bob Boston. The company filed for Chapter 11 bankruptcy in early August. The elder Boston is embroiled in another lawsuit – for $28 million – by a former Zloop investor claiming Boston “lied to him about the value of Zloop and did not use his investment as intended, including spending money on Justin’s racing career as part of a Zloop marketing program.”

KBM’s claims against Zloop will be processed in Delware bankruptcy court and those against Justin Boston will play out in North Carolina.

ESPN reports Zloop also owes money to Bristol Motor Speedway ($131,250), Kentucky Speedway ($75,000), Pocono Raceway ($36,601) and the NFL’s Carolina Panthers ($87,000).

Gray Gaulding schedules three Truck races with Kyle Busch Motorsports

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Kyle Busch Motorsports has announced that NASCAR Next alumnus Gray Gaulding will compete in three Camping World Truck Series races for the team later this year.

Gaulding’s first CWTS races since competing at Martinsville will be in the Krispy Kreme sponsored No. 54 truck, which has been driven by Justin Boston and Christopher Bell this year.

Gaulding, 17, will first appear on the road course at Canadian Tire Motorsports Park in Bowmanville, Ont., Aug. 30, then at New Hampshire Motor Speedway on Sept. 26 and Martinsville (Va.) Speedway on Oct. 31.

“I’m very excited to be a part of KBM,” Gaulding said in a team release. “It’s a dream as a driver because I remember growing up watching Kyle and how much I wanted to drive for him when he started his own team. I know his mentality is to go out every weekend and win races. It’s a championship organization with great people and I know I’ll be able to go to the race track and have an opportunity to win at each race.”

Gaulding has ran in 10 CWTS races since 204 with his best finish, fourth, coming at Canadian Tire Motorsports Park.

Cole Custer takes surprising Truck win at Gateway Motorsports Park

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After two late-race cautions took out the two best drivers, Cole Custer took advantage and led the final five laps to win the Camping World Truck Series’ Drivin’ for Linemen 200 at Gateway Motorsports Park.

Custer, 17, won his second career CWTS race after Matt Crafton and Erik Jones, who led most laps of the 160-lap race, were taken out in consecutive accidents with less than 20 laps left.

Custer, who led twice for 19 laps, took the lead from Tyler Reddick on a restart with five laps to go and was unchallenged the rest of the way. His first win came last year at New Hampshire.

“(In the closing laps) I was just trying to tell myself ‘no excuses,’ ” Custer told Fox Sports 1. “I think we were a little bit better than (Reddick). We struggled a little bit all day. I’m just tired.”

The race, which was delayed two hours by rain, was only Custer’s third of the year, as he is not old enough to race on intermediate or larger tracks. It is also JR Motorsports’ second win of the year with the No. 00 truck, which also won at Charlotte Motor Speedway with Kasey Kahne.

“I always knew we had a truck capable of winning,” Custer said. “We just had to put everything together for a race.”

Custer was followed by Spencer Gallagher,  Johnny Sauter, John Hunter Nemechek and Cameron Hayley. There were six caution periods for 35 laps.

More: Truck Series points standings

How Cole Custer won: Custer led twice in the race. He took the lead for good with five laps to go after Matt Crafton crashed into the wall on a restart from a caution caused by an Erik Jones spin.

Who had a good night: In his first race as a full-time CWTS driver, John Hunter Nemechek started 12th and made his way toward the front, entering the top five with about 100 laps left. The-18 year-old got loose and made contact with Crafton who slammed into the wall with eight laps left. With minimal damage, Nemechek finished fourth … Johnny Sauter was a constant presence in the top five, but battled issues on pit road. A bad pit stop during a caution with less than 50 laps to go sent Sauter back to 11th. He battled back to third thanks to two late cautions.

Who had a bad night: Erik Jones, again. The rookie led 84 laps and was in striking distance of the lead with 18 laps to go when his No. 4 truck got loose passing a lapped truck on the inside and spun in Turn 4. A lap later Jones stalled on the frontstretch due to a battery issue. It’s the second week in a row Jones has had a winning truck and battery problems … Justin Boston and Mason Mingus caused the first caution of the night on Lap 54 (which happens to be Boston’s number) when the two collided with each other and then the wall.

Notable: Matt Crafton and Erik Jones both recorded their first DNFs of the season … Spencer Gallagher (second) was the highest-finishing rookie in his first race at Gateway Motorsports Park. It is also Gallagher best-career finish in 19 races.

Quote of the night: “I think it’s one of those tracks that’s a driver’s track. You have to get to the point where you have to run this place as hard as you can om each and every lap.” – John Hunter Nemechek after recording his best career finish.

What’s Next: American Ethanol 200 at Iowa Speedway, June 19, at 8:30 p.m. ET on Fox Sports 1

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Kasey Kahne edges Erik Jones to win in tie for second-closest finish in Truck history, but fails post-race inspection

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https://www.youtube.com/watch?v=-vexLchloBM

In an outstanding green-white-checker finish, Kasey Kahne defeated Erik Jones by less than the width of a bumper to win Friday night’s North Carolina Education Lottery 200 at Charlotte Motor Speedway.

Kahne won by .005 of a second, tying for the second-closest margin of victory in NASCAR Camping World Truck Series history.

It wasn’t all good news for Kahne’s JR Motorsports team. NASCAR announced after the race that the winning Truck was too low on both sides of the front and too high on the right rear. Any penalties will likely be announced Tuesday.

Kahne has made just six career starts in a Truck and has now won five of those races (plus one second-place finish). He defeated Jones, despite the latter dominating the extended 139-lap race with 88 laps led.

What’s more, both Kahne and Jones — who qualified on the pole and the outside, respectively — had to drop back to start the race from the back of the field due to unapproved changes (Kahne) and missing the driver’s meeting (Jones).

Reigning series champ Matt Crafton finished third, followed by Tyler Reddick and Brad Keselowski.

Sixth through 10th were John Wes Townley, Timothy Peters, Matt Tifft, Justin Boston and Spencer Gallagher.

How Kahne won: It looked like Jones would win until Daniel Hemric brought out the final caution with a half-lap to go in regulation time. The race was extended to a two-lap green-white-checker finish and Kahne somehow was able to get in front of Jones by a mere 2-3 inches as they both crossed the finish line. … “Jones was really fast, he was kind of in a league of his own when he could get to clean air,” Kahne said. “I knew if I could stay back and stay with him, that as long as he didn’t get to clean air, I’d be alright. … That’s a fun win. It felt good.”

Who else had a good day: Erik Jones had the class truck of the field, leading a race-high 88 laps. But he just couldn’t get past Kahne when it mattered most, at the finish line. Still, Jones has nothing to be ashamed of: including this race, he’s now led 240 laps in his last two races.

Who had a bad day: Mason Mingus had a good race going until 25 laps from the scheduled finish, when he slammed the inside retaining wall hard. Mingus was uninjured but instead of a potential top-10 finish, he wound up with a 26th place finish.

Notables: Kahne’s victory was the first Truck win ever for JR Motorsports. … It was also the 200th career Truck win for Chevrolet. … Crafton led the second-most laps (24), while Kahne led the third-most (22). … After the struggles his team endured last week at Kansas, Brad Keselowski had to be happy that two of his trucks finished in the top five Friday night: Tyler Reddick was fourth and Keselowski was fifth.

Quote of the day: “Man, it sucks when it has to come down to a green-white-checker and the fastest truck loses the race for the second week in a row. I just can’t believe we lost it. I don’t even know what to say. It really, really hurts. … It’s nice to have fast trucks, but I wish we could win. It just really, really hurts. I really, really wanted this one and it’s hard to come up second.” – Erik Jones, runner-up in Friday night’s race.

What’s next: Friday, May 29, 5:30 pm ET, Lucas Oil 200, Dover International Speedway; Dover, Del.

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