By Brad Segall
NORRISTOWN, Pa. (CBS) — The Montgomery County district attorney’s office has reached a settlement with a Radnor, Pa. contractor who was falsely accused of ripping off a Jenkintown church more than five years ago.READ MORE: Supreme Court Overturns Roe v. Wade, Allowing States To Ban Abortion
When he was arrested and charged with failing to pay subcontractors on a project at the Salem Baptist Church, DA Risa Ferman used words like “despicable” and “low” to describe Walter Logan.
But after further investigation, those charges were dropped a year later.
Now, the 65-year-old businessman has received an apology and an undisclosed financial settlement.
Logan says it’s been a tough road for his family.
“We spent forty years building a business and building good character, and in virtually one day that all changed,” he told reporters today.READ MORE: Supreme Court's Roe v. Wade Decision Garners Strong Reactions In Philadelphia: 'It's Taking Away Basic Women's Rights'
Ferman’s office issued a statement saying, “There’s no credible evidence that Mr. Logan ever stole anything from Salem Baptist Church and we retract any statements to that effect.”
Published reports peg the settlement at more than $1.6 million. A civil case brought by Logan against the church is still pending, and scheduled to go to trial in September.MORE NEWS: Roe v. Wade Overturned: These US Companies Will Cover Travel Costs For Employees Who Need Abortion