Monday, March 31, 2008
Plano man guilty of mail fraud sentenced to 78 months in prison
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PLANO — William chad Mercer, a.k.a. "Bryson" Mercer, 36, of Plano, has been sentenced to 78 months in federal prison for mail fraud violations in the Eastern District of Texas.
Mercer pleaded guilty on September 24, 2007 to fraudulently obtaining over $5 million from his former-employer, Sage Telecom, Inc., and was sentenced by U.S. District Judge Michael H. Schneider. Mercer was also order to pay over $2.4 million in restitution and to forfeit almost $2.7 million.
According to information presented in court, between March 2004 through November 2005, Mercer submitted false invoices to Sage Telecom representing that temporary employment services totaling $5,130,407.48 had been provided when they had not. A federal indictment charging Mercer with 10 counts of mail fraud was returned by a federal grand jury on May 10, 2007. Mercer remained a fugitive until he was arrested in August 2007.
Source: Department of Justice
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