UPDATED: Tuesday, June 17, 2014 - 11:19am
Waco, Texas — The former president of a Waco heating and air conditioning company is out on bond after being arrested on theft charges.
Ronald "Ronnie" Kroll was released from jail on June 6 on a $20,000 bond. Kroll is accused of stealing more than $200,000 from his company, Lochridge Priest, Inc., through an alleged equipment lease scheme.
Lochridge Priest, Inc. is a locally owned company that's been in Waco and the Central Texas area for nearly 50 years, providing residential and commercial heating and a-c services, commercial plumbing, and sheet metal fabrication.