This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
richards robert donald
Booking photo of Robert Richards Jr. (Placer County Sheriff’s Office)

FOLSOM-

The promoter of Big Wake Weekend, an annual boat racing event in Lincoln, was arrested Tuesday by Placer County Sheriff’s deputies on charges of fraud.

Robert Richards Jr., 54, is accused of paying debts to vendors with bad checks. Investigators say Richards owed one vendor nearly $200,000.

Richards was was later released from jail on $10,000 bond.