Despite earlier reports that he would plead guilty to fraud, the former CEO of Humboldt Creamery showed up in federal court on March 3 and pleaded not guilty.

On Feb. 2, Rich Ghilarducci’s attorney issued a statement saying Ghilarducci “has agreed to waive indictment and will plead guilty to this charge. Rich accepts responsibility for providing false financial information to Humboldt Creamery’s lender in 2007.”

The attorney would not answer questions regarding his client’s “not guilty” plea.

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Source: Eureka, Calif., Times-Standard