Former manager of DeRidder ranch supply pleads guilty to wire fr - KPLC 7 News, Lake Charles, Louisiana

Former manager of DeRidder ranch supply pleads guilty to wire fraud

Lafayette, LA (KPLC) -

U.S. Attorney Stephanie A. Finley announced Thursday that the former manager for Beauregard Ranch and Tractor Supply, in DeRidder, pleaded guilty in federal court to wire fraud charges related to his embezzlement of funds associated with customer accounts.

According to a news release from Finley's office, 53-year-old Arnold Russell Williams, of Singer, along with his wife, Janet L. Williams, was charged in February of 2006 with conspiracy to commit wire fraud and aggravated identity theft.

Finley said Arnold Williams pleaded guilty Thursday to conspiracy to commit wire fraud.

Federal officials say as manager of Beauregard Ranch and Tractor Supply (BRATS), during Aug. 2, 2000 through Jan. 18, 2001, Arnold Williams, along with the assistance of his wife, Janet L. Williams, used customer account information to submit false electronic account information and invoices to Farm Plan Credit Financial (The Plan).

"Some of the BRATS customers used Farm Plan Credit accounts, which were provided by Farm Plan Credit Financial, as a means to make credit purchases for John Deere equipment. After Williams submitted the false information, The Plan would then reimburse BRATS directly by electronically wiring funds into the BRATS' bank account for the false credit charges that were submitted. When the customers received their billing statements, they contacted BRATS and were informed by Arnold Williams that they had been billed by mistake due to a computer error. BRATS customers told investigators that they did not order any of the items for which they were billed, did not ask for quotes or prices for any of the items, and did not receive any items for which their accounts were billed," Finley said in the release.

At sentencing, federal authorities say Williams faces a term of imprisonment of not more than five years, a fine of not more than $250,000, or both, and a term of supervised release of not more than three years.

Sentencing has been scheduled for Jan. 17, 2013.

The case was investigated by Federal Bureau of Investigation, Lake Charles Resident Agency, and is being prosecuted by Finley.

Copyright 2012 KPLC. All rights reserved.

  • More Local NewsNewsMore>>

  • Jeanie, the three-legged dog, advances in national competition

    Jeanie, the three-legged dog, advances in national competition

    Sunday, May 20 2018 11:05 PM EDT2018-05-21 03:05:25 GMT
    (Source jeanie3legs.com)(Source jeanie3legs.com)

    Big news about a gifted canine star. Jeanie, a well-known Lake Charles, LA therapy dog is one of only 21 courageous canines to be advancing to the semifinal rounds of the 2018 American Humane Hero Dog Awards.

    More >>

    Big news about a gifted canine star. Jeanie, a well-known Lake Charles, LA therapy dog is one of only 21 courageous canines to be advancing to the semifinal rounds of the 2018 American Humane Hero Dog Awards.

    More >>
  • I-210 EB and I-10 WB blocked

    I-210 EB and I-10 WB blocked

    Sunday, May 20 2018 5:24 PM EDT2018-05-20 21:24:37 GMT
    (Source: KPLC)(Source: KPLC)

    Both lanes of I-210 eastbound are blocked due to a vehicle accident. I-10 westbound is blocked as well due to a vehicle fire. It is advised to take alternate routes if possible. 7News is on the scene and will update the story as more information becomes available. Copyright 2018 KPLC. All rights reserved.

    More >>

    Both lanes of I-210 eastbound are blocked due to a vehicle accident. I-10 westbound is blocked as well due to a vehicle fire. It is advised to take alternate routes if possible. 7News is on the scene and will update the story as more information becomes available. Copyright 2018 KPLC. All rights reserved.

    More >>
  • FIRST ALERT FORECAST: Few showers are possible in the afternoon with more heat all week long

    FIRST ALERT FORECAST: Few showers are possible in the afternoon with more heat all week long

    Sunday, May 20 2018 4:40 PM EDT2018-05-20 20:40:17 GMT
    Few showers possible on MondayFew showers possible on Monday
    Few showers possible on MondayFew showers possible on Monday

    Tonight, it should be another nice, yet warm evening. Any clouds we see today will clear away around sunset, and the rain chances go back to zero tonight. The temperatures will be fairly warm. They should not cool out of the 70s in most places. Especially near the coastline. North of I-10 has a chance to too the upper 60s, but it will still be warm. This will start off with more hot and humid conditions. There will likely be plenty of clouds every now and then. 

    More >>

    Tonight, it should be another nice, yet warm evening. Any clouds we see today will clear away around sunset, and the rain chances go back to zero tonight. The temperatures will be fairly warm. They should not cool out of the 70s in most places. Especially near the coastline. North of I-10 has a chance to too the upper 60s, but it will still be warm. This will start off with more hot and humid conditions. There will likely be plenty of clouds every now and then. 

    More >>
Powered by Frankly