Posted: Jan 19, 2013 1:00 PM by katc
The former manager for Beauregard Ranch & Tractor Supply, located in DeRidder, La., was sentenced yesterday in federal court in Lafayette by U.S. District Judge Elizabeth E. Foote, to five years probation. Arnold Russell Williams, 53, of Singer, La., was also ordered to pay restitution in the amount of $135,228.84. The sentence was handed down as a result of Williams pleading guilty on September 13, 2012, to wire fraud charges related to his embezzlement of funds associated with customer accounts.
Williams, along with his wife, Janet L. Williams, was charged in February of 2006, with conspiracy to commit wire fraud and aggravated identity theft. As manager of Beauregard Ranch & Tractor Supply (BRATS) during August 2, 2000 through January 8, 2001, Arnold Williams, along with the assistance of his wife, Janet, 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 Arnold Williams submitted the false information, The Plan would then reimburse BRATS directly by electronically wiring funds into the BRATS' bank account for 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.
The case was investigated by the Federal Bureau of Investigation, Lake Charles Resident Agency, and was prosecuted by United States Attorney Stephanie A. Finley.