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Tim Beverly
 
 
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Tim Beverly (born 1956) is a convicted felon and former NASCAR
NASCAR

The National Association for Stock Car Auto Racing is the largest sanctioning body of stock cars in the United States. The three largest racing series sanctioned by NASCAR are the Sprint Cup Series, the Nationwide Series and the Camping World Truck Series....
 team owner. He founded Tyler Jet, an airplane sales company that was based in Tyler, Texas
Tyler, Texas

Tyler is a city in and the county seat of Smith County, Texas, Texas in the United States. The city is named for President John Tyler in recognition of his support for Texas's admission to the United States....
, in 1986. In 1998, he purchased DarWal Inc. and ISM Racing
ISM Racing

ISM Racing is a former autoracing team owned by Bob Hancher. The team fielded entries in the Indy Racing League and the NASCAR Winston Cup Series....
 and merged them together to form Tyler Jet Motorsports
Tyler Jet Motorsports

Tyler Jet Motorsports was a NASCAR Winston Cup race team.Tyler Jet Motorsports was owned by Tim Beverly, owner of the airplane sales company that shared a name with the race team, and was formed in 1998 after Beverly purchased the assets of Darrell Waltrip Motorsports and ISM Racing and merged them into one team....
. He fielded cars for Darrell Waltrip
Darrell Waltrip

Darrell Lee Waltrip is a three-time former NASCAR Championship champion, the 1989 Daytona 500 winner, current television race commentator with Fox Broadcasting Company and columnist at Foxsports.com....
, Rich Bickle
Rich Bickle

Rich Bickle, Jr. is a journeyman NASCAR driver. He is currently unemployed. Bickle, who has never completed a full season in the NASCAR Winston Cup Series, has a long and prestigious history in Short track motor racing....
, David Green
David Green (NASCAR)

David A. Green is a NASCAR driver. His two younger brothers, Jeff Green and Mark Green also compete on the NASCAR circuit. He currently drives the #07 SK Motorsports car in the Nationwide Series....
, and Johnny Benson
Johnny Benson

Jonathan Benson, Jr. is a NASCAR driver and the son of former Michigan modified racing driver John Benson, Sr. His career highlights include the 1993 American Speed Association AC-Delco Challenge series championship, the 1995 Busch Series championship, the 1996 Winston Cup NASCAR Rookie of the Year award, and the 2008 Craftsman Truck Series...
. In 2000, he sold the team to MB2 Motorsports
MB2 Motorsports

Ginn Racing was a NASCAR NASCAR Championship team based in Mooresville, North Carolina, which is near Charlotte, North Carolina. Its principal owners in its final season, 2007, were 80% Bobby Ginn and 20% Jay Frye....
.

In 2004, he and another Tyler Jet executive pleaded guilty to bank fraud
Bank fraud

Bank fraud is the use of fraudulent means to obtain money, assets, or other property owned or held by a financial institution. In many instances, bank fraud is a criminal offense....
 and money laundering
Money laundering

The definition of money laundering is dependent on the jurisdiction in which the act takes place.In US law it is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money....
. He is currently serving time in prison
Prison

A prison, penitentiary, or correctional facility is a place in which individuals are physically confined or internment and usually deprived of a range of personal Freedom ....
.








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Tim Beverly (born 1956) is a convicted felon and former NASCAR
NASCAR

The National Association for Stock Car Auto Racing is the largest sanctioning body of stock cars in the United States. The three largest racing series sanctioned by NASCAR are the Sprint Cup Series, the Nationwide Series and the Camping World Truck Series....
 team owner. He founded Tyler Jet, an airplane sales company that was based in Tyler, Texas
Tyler, Texas

Tyler is a city in and the county seat of Smith County, Texas, Texas in the United States. The city is named for President John Tyler in recognition of his support for Texas's admission to the United States....
, in 1986. In 1998, he purchased DarWal Inc. and ISM Racing
ISM Racing

ISM Racing is a former autoracing team owned by Bob Hancher. The team fielded entries in the Indy Racing League and the NASCAR Winston Cup Series....
 and merged them together to form Tyler Jet Motorsports
Tyler Jet Motorsports

Tyler Jet Motorsports was a NASCAR Winston Cup race team.Tyler Jet Motorsports was owned by Tim Beverly, owner of the airplane sales company that shared a name with the race team, and was formed in 1998 after Beverly purchased the assets of Darrell Waltrip Motorsports and ISM Racing and merged them into one team....
. He fielded cars for Darrell Waltrip
Darrell Waltrip

Darrell Lee Waltrip is a three-time former NASCAR Championship champion, the 1989 Daytona 500 winner, current television race commentator with Fox Broadcasting Company and columnist at Foxsports.com....
, Rich Bickle
Rich Bickle

Rich Bickle, Jr. is a journeyman NASCAR driver. He is currently unemployed. Bickle, who has never completed a full season in the NASCAR Winston Cup Series, has a long and prestigious history in Short track motor racing....
, David Green
David Green (NASCAR)

David A. Green is a NASCAR driver. His two younger brothers, Jeff Green and Mark Green also compete on the NASCAR circuit. He currently drives the #07 SK Motorsports car in the Nationwide Series....
, and Johnny Benson
Johnny Benson

Jonathan Benson, Jr. is a NASCAR driver and the son of former Michigan modified racing driver John Benson, Sr. His career highlights include the 1993 American Speed Association AC-Delco Challenge series championship, the 1995 Busch Series championship, the 1996 Winston Cup NASCAR Rookie of the Year award, and the 2008 Craftsman Truck Series...
. In 2000, he sold the team to MB2 Motorsports
MB2 Motorsports

Ginn Racing was a NASCAR NASCAR Championship team based in Mooresville, North Carolina, which is near Charlotte, North Carolina. Its principal owners in its final season, 2007, were 80% Bobby Ginn and 20% Jay Frye....
.

In 2004, he and another Tyler Jet executive pleaded guilty to bank fraud
Bank fraud

Bank fraud is the use of fraudulent means to obtain money, assets, or other property owned or held by a financial institution. In many instances, bank fraud is a criminal offense....
 and money laundering
Money laundering

The definition of money laundering is dependent on the jurisdiction in which the act takes place.In US law it is the practice of engaging in financial transactions to conceal the identity, source, or destination of illegally gained money....
. He is currently serving time in prison
Prison

A prison, penitentiary, or correctional facility is a place in which individuals are physically confined or internment and usually deprived of a range of personal Freedom ....
.

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