Wednesday, July 8, 2009

Defendant Sentenced on Bank Fraud Conviction

Edmund A. Booth, Jr., United States Attorney for the Southern District of Georgia, announced today that JIMMY LEE EVERETT, age 41, of Brooklet, Georgia was recently sentenced by Chief U.S. District Judge William T. Moore, Jr. for his conviction on bank fraud which involved the embezzlement of more than $200,000 from Thompson Paving Marking, Inc. (“TPM”), a paving marking business located in Chatham County, Georgia.

Booth stated that in April 2008, the federal grand jury for the Southern District of Georgia returned a 36-count Indictment against Everett, charging him with bank fraud in violation of Title 18, United States Code, Section 1344, and aggravated identity theft, in violation of Title 18, United States Code, Section 1028A. According to the Indictment, Everett was a minority shareholder in TPM. Everett fraudulently opened a checking account in the business’s name and began diverting payments from TPM customers to that checking account without the knowledge or consent of the other owners. He then drained that account of the embezzled funds in order to pay for a variety of personal expenditures, causing the company over $200,000 in loss.

Booth said that Everett pled guilty to one count of bank fraud in June 2008. On June 24, 2009, the court sentenced Everett to 110 months imprisonment, to run concurrently with the 108-month term of imprisonment that Everett received on the same day on his conviction for his involvement in an unrelated million dollar stolen car conspiracy ring. After release from imprisonment, Everett will be placed on supervised release for a term of 5 years.

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