According to federal court documents, Roger Stephen Clary, owner and operator of Destination Adventures, pleaded guilty to one count of mail fraud for devising a scheme to defraud and obtain $1.6 million of a $4.5 million loan under false pretenses from Banc of America Leasing (BALC) to acquire, custom outfit and lease six buses.

According to the indictment, Clary devised a scheme whereby he redirected $1.6 million of the $4.5 million loan to companies where he had a financial interest, but which had no relationship to the purchase, outfitting and leasing of the buses for which the BALC loan was obtained.

Under a plea agreement, prosecutors dropped four counts of wire fraud against Clary. The maximum penalty for a charge of mail fraud is not more than 30 years imprisonment and a fine of not more than $1 million or both.