David Carruthers, the chief executive of BetonSports will be appearing
at the Federal Court House in Fort Worth, Texas, later today (Monday)
according to a spokesperson for the FBI.
Carruthers was detained late Sunday at Dallas airport by the US authorities
while en route from the UK to Costa Rica.
He was detained by members of the FBI and the Inland Revenue Service
(IRS) operating under a warrant for his arrest. He is believed to
have spent Sunday night in Tarrant county jail.
According to sources, Carruthers will be charged under the federal
racketeering statutes or RICO (Racketeer Influenced and Corrupt Organizations
Act).
The Federal warrant has been issued out of state with a sealed indictment.
The hearing will determine his rights and the possible bail conditions.
Sources indicate he is unlikely to be granted bail. The hearing will
also determine which Federal Correctional Institute he will be sent
to.
His wife Carol Carruthers was traveling with him but was released
immediately.